CATEGORIES

The Business Guardian

Supreme Court Imposed Rs 1 Lakh Cost On Jharkhand, Says Govt Can Enquire Which Offer 'Ill-Advised' Filing: 'Frivolous SLP'

This court see no improvement in the attitude of the State Governments. Thus, the court dismissed the present SLP with the cost for an amount of 1 lac. 50k SCBA (Supreme Court Bar Association), 50K to AoR A(Supreme Court Advocates on Record Association).'

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2 mins  |
October 21, 2024
2 LABOURERS KILLED, 2 INJURED IN TERRORIST ATTACK IN J&K'S GANDERBAL
The Business Guardian

2 LABOURERS KILLED, 2 INJURED IN TERRORIST ATTACK IN J&K'S GANDERBAL

The terrorists opened firing on the camp housing labourers of a private company working on construction of a tunnel at Gund area in the district, they said

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1 min  |
October 21, 2024
The Business Guardian

Female cheetah to soon give birth to cubs at Kuno National Park: MP CM Yadav

A female cheetah is pregnant and expected to deliver cubs soon at the Kuno National Park (KNP) in Madhya Pradesh's Sheopur district.

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1 min  |
October 21, 2024
Cyclonic storm likely to hit Odisha-West Bengal coasts by Oct 24: IMD
The Business Guardian

Cyclonic storm likely to hit Odisha-West Bengal coasts by Oct 24: IMD

An orange warning is in place for Kendrapada, Cuttack, Nayagarh, Kandhamal, and Gajapati, indicating heavy to very heavy rainfall (7 to 20 cm) along with thunderstorms.

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2 mins  |
October 21, 2024
The Business Guardian

Bengal: Doctors to govt but won't end hunger-strike at present

Halder said those on hunger strike will not attend the meeting due to health concerns. He highlighted that the junior doctors have previously attended all meetings called by the state government, even with very short notice.

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1 min  |
October 21, 2024
Delhi Court to record witness statements against Ex-WFI chief on Nov 4
The Business Guardian

Delhi Court to record witness statements against Ex-WFI chief on Nov 4

A court here will resume on November 4 recording the statements of witnesses against former Wrestling Federation of India (WFI) chief Brij Bhushan Sharan Singh in a criminal case filed against him by female wrestlers.

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1 min  |
October 21, 2024
Diplomatic and military moves against China by the current Indian leadership
The Business Guardian

Diplomatic and military moves against China by the current Indian leadership

Traditionally, India dissuaded herself from remarking on Chinese coercion and imperialism but India has commenced to oppose such policies vigorously under the current administration.

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3 mins  |
October 21, 2024
The Business Guardian

Congress names four candidates for Assam bypolls

The Congress on Sunday announced the names of four candidates for the upcoming bypolls in five assembly constituencies in Assam scheduled for next month.

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1 min  |
October 21, 2024
PANDAVAS SURVIVED KURUKSHETRA WAR DUE TO DRAUPADI'S KARWA CHAUTH FAST
The Business Guardian

PANDAVAS SURVIVED KURUKSHETRA WAR DUE TO DRAUPADI'S KARWA CHAUTH FAST

Karwa Chauth is a fast that is exclusively observed by women. In our Sanatan Dharma, women hold a special place. As stated in the Manusmriti (3.56):

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2 mins  |
October 21, 2024
FPI SELLING EASES THIS WEEK, BUT OCT MARKS HIGHEST MONTHLY SELL-OFF
The Business Guardian

FPI SELLING EASES THIS WEEK, BUT OCT MARKS HIGHEST MONTHLY SELL-OFF

This marks a significant reduction from the previous week, when FPIs offloaded equities worth Rs31,568.03 crore.

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1 min  |
October 21, 2024
The Business Guardian

Indian pharma firms trail global peers in R&D: Report

The largest disparity was observed in the number of publications per billion USD revenue, with global firms producing 8.4 times more publications than Indian firms, the report noted.

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1 min  |
October 21, 2024
Grant-in-aid, tax devolution from Centre to States will moderate at 4.5%: NSE
The Business Guardian

Grant-in-aid, tax devolution from Centre to States will moderate at 4.5%: NSE

This drop in grants, which are a crucial part of non-tax revenues for many states, could place financial pressure on those heavily dependent on central support.

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1 min  |
October 21, 2024
India's bioeconomy valued at $150 bn: BIRAC MD
The Business Guardian

India's bioeconomy valued at $150 bn: BIRAC MD

India's biotechnology sector is witnessing remarkable growth, with the country's bioeconomy now valued at USD 150 billion but there is still significant untapped potential in innovation and product development, which could further elevate India's global standing in the sector, Dr Jitendra Kumar, Managing Director of the government's Biotechnology Industry Research Assistance Council (BIRAC), said.

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1 min  |
October 21, 2024
SaaS startup Simplismart raises $7 Mn in series a funding
The Business Guardian

SaaS startup Simplismart raises $7 Mn in series a funding

Co-founded in 2022 by Amritanshu Jain and Devansh Ghatak, Simplismart offers an AI-based no-code machine learning platform that allows users to train custom machine learning models using their data, powering applications and decisions without writing code.

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1 min  |
October 21, 2024
China's economic woes hit delivery workers hard, paychecks shrink by 1,000 Yuan
The Business Guardian

China's economic woes hit delivery workers hard, paychecks shrink by 1,000 Yuan

The USD 200 billion Chinese food delivery industry, once a thriving sector that expanded during the Covid-19 pandemic, is now facing a downturn, according to a report by CNN.

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1 min  |
October 21, 2024
Mid- and small-cap mutual funds attract Rs 30,350 cr in H1 FY25
The Business Guardian

Mid- and small-cap mutual funds attract Rs 30,350 cr in H1 FY25

In comparison, the cumulative inflow into mid-cap and small-cap funds stood at Rs 32,924 crore during the same period last year, according to data from the Association of Mutual Funds in India (Amfi).

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2 mins  |
October 21, 2024
The Business Guardian

SEBI, exchanges, depositories and industry leaders unite to elevate financial literacy

The inaugural AarthageniX Expo 2024, held at the Bombay Exhibition Center (NESCO) on October 18, marked a milestone in financial education, bringing together top industry leaders, regulatory bodies, and financial innovators to advance financial literacy in India.

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1 min  |
October 21, 2024
The Business Guardian

Accord Secures Positive CHMP Opinion for Imuldosa® Biosimilar

Accord Healthcare Limited (Accord) announces that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has adopted a positive opinion, recommending marketing authorisation for Imuldosa® (development code: DMB-3115), a biosimilar of Stelara® (ustekinumab), marketed by Janssen Biotech Inc., a subsidiary of Johnson & Johnson.

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1 min  |
October 21, 2024
INDIA'S SERVICES EXPORTS RISE 9.8 PC TO USD 180 BILLION IN FYTD25: BANK OF BARODA REPORT
The Business Guardian

INDIA'S SERVICES EXPORTS RISE 9.8 PC TO USD 180 BILLION IN FYTD25: BANK OF BARODA REPORT

This improvement was driven by a significant drop in gold imports, which corrected sharply to USD 4.4 billion from USD 10.1 billion in the previous month.

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2 mins  |
October 21, 2024
The Business Guardian

Jindal (India) Limited emerges as a dominant player in colour coated steel sheets in West Bengal; Contributes 30% to Overall Coated Steel Business

Jindal (India) Limited, part of prestigious B.C. Jindal Group and one of the leading downstream steel products manufacturers in India, has emerged as a major player in coated steel products in West Bengal.

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1 min  |
October 21, 2024
NeGD launches 'Ask Our Experts' series
The Business Guardian

NeGD launches 'Ask Our Experts' series

The National e-Governance Division (NeGD), under the Ministry of Electronics and Information Technology (MeitY), launched the first episode of its new live interactive series, 'Ask Our Experts,' on October 18.

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1 min  |
October 21, 2024
Odisha's vision for industrial growth shines at Mumbai
The Business Guardian

Odisha's vision for industrial growth shines at Mumbai

Odisha's plans for industrial growth and investment took center stage during a roadshow in Mumbai, the second stop of its global investment initiative following a successful event in Delhi.

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1 min  |
October 21, 2024
The Business Guardian

Luxury home sales surge 37.8 pc, Delhi-NCR, Mumbai emerge as top markets: Report

The luxury housing market in India experienced a significant boom during the first nine months of 2024 with sales of high-end residential units (priced at Rs 4 crore and above) soaring by 37.8 per cent year-on-year, according to a CBRE report.

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2 mins  |
October 21, 2024
Punjab's capital expenditure lowest in FY25 at 6.2 pc
The Business Guardian

Punjab's capital expenditure lowest in FY25 at 6.2 pc

In FY25, Punjab is set to experience financial challenges as its capital-to-revenue expenditure ratio is the lowest among all states, standing at just 6.2 per cent, highlighted a research report by the National Stock Exchange (NSE).

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2 mins  |
October 21, 2024
Indian pharma firms trail global peers in R&D, innovation, and talent metric
The Business Guardian

Indian pharma firms trail global peers in R&D, innovation, and talent metric

American multinational pharmaceutical company Eli Lilly ranked first overall for R&D intensity and third for the proportion of PhD employees, the report said. Among Indian firms, Dr. Reddy's Laboratories ranked first in both R&D intensity (10.3 per cent) and the proportion of PhD employees (0.97 per cent). Bengaluru-based Biocon ranked first among Indian firms for publications per billion USD revenue and third overall. Sun Pharmaceuticals ranked first among Indian firms for patents by revenue and third overall, with 636 patents per billion USD of revenue, surpassing many global and Indian firms, according to the report.

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2 mins  |
October 21, 2024
OVER 20 FLIGHTS RECEIVE BOMB THREATS ON SUNDAY
The Business Guardian

OVER 20 FLIGHTS RECEIVE BOMB THREATS ON SUNDAY

Six flights each of IndiGo, Vistara and Air India received the threats.

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1 min  |
October 21, 2024
Annual agricultural production target set at 341.55 million tons: Shivraj Singh
The Business Guardian

Annual agricultural production target set at 341.55 million tons: Shivraj Singh

Union Agriculture Minister Shivraj Singh Chauhan stated that the annual agricultural production target for the country has been set at 341.55 million tons.

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2 mins  |
October 21, 2024
TAP WATER CONNECTION FOR RURAL HOUSEHOLDS SURGED BY FIVE TIMES IN 5 YEARS
The Business Guardian

TAP WATER CONNECTION FOR RURAL HOUSEHOLDS SURGED BY FIVE TIMES IN 5 YEARS

Tap water connections for rural households in India have increased fivefold over the last five years, according to a report by SBI. The report attributes this remarkable progress to the Jal Jeevan Mission (JJM), launched on August 15, 2019, with the aim of providing tap water to every rural household by 2024.

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1 min  |
October 21, 2024
8th Pay Commission: Minimum Salary Likely to Double
The Business Guardian

8th Pay Commission: Minimum Salary Likely to Double

The anticipation surrounding the 8th Pay Commission continues to grow, especially after the recent dearness allowance (DA) hike for central government employees and pensioners.

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1 min  |
October 21, 2024
FPI selling eases this week, but Oct marks highest monthly sell-off
The Business Guardian

FPI selling eases this week, but Oct marks highest monthly sell-off

Foreign investors continued selling Indian equities this week, though at a slower pace compared to the previous week, according to data from the National Securities Depository Limited (NSDL). Between October 14 and October 18, Foreign Portfolio Investors (FPIs) sold Indian equities worth Rs19,065.79 crore. This marks a significant reduction from the previous week, when FPIs offloaded equities worth Rs31,568.03 crore.

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1 min  |
October 21, 2024