CATEGORIES

INFLATION TO REMAIN AROUND 5 PER CENT THIS FISCAL: SBI REPORT
The Business Guardian

INFLATION TO REMAIN AROUND 5 PER CENT THIS FISCAL: SBI REPORT

The Consumer Price Inflation in India is expected to remain around 5 percent in the financial year 2024-25 except for September and October month, according to a research report by SBI.

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2 mins  |
August 06, 2024
A flurry of meetings lined up for Uddhav's 3-day Delhi visit
The Business Guardian

A flurry of meetings lined up for Uddhav's 3-day Delhi visit

Former Maharashtra chief minister and Shiv Sena (UBT) leader Uddhav Thackeray will start on Tuesday his three-day visit to Delhi.

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1 min  |
August 06, 2024
The Business Guardian

SC terms coaching centres 'death chambers

Takes suo motu cognisance on issues related to safety norms

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1 min  |
August 06, 2024
The Business Guardian

Stocks battered across Asia; Sensex sheds over 2,200 pts

Tracking global trends, the stock markets plunged on Monday, with the benchmark index Sensex declining 2,222.55 points to close at 78,759.40 points The broader index Nifty-50 fell by 662.10 points, ending the day at 24,055.60.

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1 min  |
August 06, 2024
HC denies bail to Kejriwal
The Business Guardian

HC denies bail to Kejriwal

The Delhi High Court on Monday dismissed Delhi Chief Minister Arvind Kejriwal’s plea challenging his arrest by the Central Bureau of Investigation (CBI) case concerning the excise policy matter.

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1 min  |
August 06, 2024
BANGLADESH SLIPS INTO DEEP CRISIS
The Business Guardian

BANGLADESH SLIPS INTO DEEP CRISIS

Sheikh Hasina flees Dhaka, lands at Hindon in Ghaziabad Army announces formation of an interim government

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2 mins  |
August 06, 2024
Foreign Investors Remain Net Buyers In Stock Market
The Business Guardian

Foreign Investors Remain Net Buyers In Stock Market

The buying spree in Indian stock markets by foreign portfolio investors (FPIs) continued into the second month.

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1 min  |
August 05, 2024
India's Equity Market At Risk Of Major Drawdowns, Says Report
The Business Guardian

India's Equity Market At Risk Of Major Drawdowns, Says Report

The current market valuations in the country have reached levels reminiscent of the trends observed in 2007, according to a study by wealth management platform Nuvama.

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2 mins  |
August 05, 2024
Rajasthan CM inaugurates aviation academy in Ajmer
The Business Guardian

Rajasthan CM inaugurates aviation academy in Ajmer

The Chief Minister of Rajasthan, Bhajanlal Sharma, visited the Kishangarh Airport to inaugurate the newly established aviation academy, Avyanna Aviation Academy, in Ajmer district on Sunday.

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2 mins  |
August 05, 2024
Delhi High Court: 'X' Corp does not perform 'Public Function', not amenable to writ jurisdiction
The Business Guardian

Delhi High Court: 'X' Corp does not perform 'Public Function', not amenable to writ jurisdiction

The Delhi High Court in the case Sanchit Gupta v. Union Of India And Anr observed and has ruled that X Corp, formerly Twitter, does not perform ‘public function’ or discharges public duty and is not amenable to writ jurisdiction under Article 226 of the Constitution of India.

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2 mins  |
August 05, 2024
Khyber Pass residents face uncertainty after demolition drive
The Business Guardian

Khyber Pass residents face uncertainty after demolition drive

The residents of Khyber Pass in the Civil Lines area here woke up on Sunday to the sight of bulldozers stationed in the neighbourhood, ready to raze their houses that not only contained their belongings but also memories.

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1 min  |
August 05, 2024
PARSHWANATH DEVELOPERS CEO SANJEEV JAIN NABBED BY POLICE FROM DELHI AIRPORT
The Business Guardian

PARSHWANATH DEVELOPERS CEO SANJEEV JAIN NABBED BY POLICE FROM DELHI AIRPORT

A non-bailable warrant has been issued against the accused by the Joint Registrar, National Consumer Disputes Redressal Commission.

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2 mins  |
August 05, 2024
BJP MINORITY FRONT TO ORGANISE 'HAR GHAR TIRANGA'
The Business Guardian

BJP MINORITY FRONT TO ORGANISE 'HAR GHAR TIRANGA'

On the occasion of Independence Day, under the guidance of Prime Minister Narendra Modi and BJP National President JP Nadda, the Bharatiya Janata Party Minority Front will run the ‘Har Ghar Tiranga’ campaign from 11 to 14 August in the minority community across the country.

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1 min  |
August 05, 2024
Semiconductor plant in Assam to be operational by 2025: Tatas
The Business Guardian

Semiconductor plant in Assam to be operational by 2025: Tatas

The semiconductor industry is a foundation industry for the future and chips are going to be part of almost everything people do in their daily lives, Chairman of Tata Group N Chandrasekaran said on Saturday after the ‘bhoomi pujan’ of the Tata’s semiconductor unit in Morigaon in Assam, which will be set up with an investment of Rs 27,000 crore.

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3 mins  |
August 05, 2024
"NUMALIGARH REFINERY'S EXPANSION WILL AUGMENT REFINING CAPACITY'
The Business Guardian

"NUMALIGARH REFINERY'S EXPANSION WILL AUGMENT REFINING CAPACITY'

Refining capacity will be increased from 3 million tonnes per year to 9 MMTPA, says Petroleum minister Hardeep Puri

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1 min  |
August 05, 2024
INDIA'S TOUR AND TRAVEL REVENUE SET TO SOAR 15-17 PER CENT THIS FISCAL: CRISIL
The Business Guardian

INDIA'S TOUR AND TRAVEL REVENUE SET TO SOAR 15-17 PER CENT THIS FISCAL: CRISIL

India’s tour and travel operators are set to expand their revenue by a robust 15-17 percent this fiscal year, driven by rising domestic tourism and an increasing propensity for overseas travel, Crisil said in its latest report.

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2 mins  |
August 05, 2024
Tour and travel revenue set to soar 15-17% this fiscal: CRISIL
The Business Guardian

Tour and travel revenue set to soar 15-17% this fiscal: CRISIL

India’s tour and travel operators are set to expand their revenue by a robust 1517 per cent this fiscal year, driven by rising domestic tourism and an increasing propensity for overseas travel, Crisil said in its latest report.

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2 mins  |
August 05, 2024
'DIGITAL STEPS TO TRIPLE INDIAN RETAIL BORROWING TO $2.5 TRN BY 2030' REPORT
The Business Guardian

'DIGITAL STEPS TO TRIPLE INDIAN RETAIL BORROWING TO $2.5 TRN BY 2030' REPORT

S&P Global Ratings says digitisation initiatives, backed by the government, have enabled mass access to savings accounts and digital payments

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2 mins  |
August 05, 2024
The Business Guardian

Zomato rakes in Rs 83 cr in platform fee in FY 2024

Food delivery aggregator Zomato, which began charging platform fee on orders from last August, collected Rs 83 crore through the new levy till March, the company’s annual report has revealed.

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1 min  |
August 05, 2024
BCCL eyeing a topline of Rs 40,000 crore by FY’30
The Business Guardian

BCCL eyeing a topline of Rs 40,000 crore by FY’30

Bharat Coking Coal Limited (BCCL), a subsidiary of Coal India, is eyeing a topline of Rs 40,000 crore by FY’30, backed by increased volume and diversification.

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1 min  |
August 05, 2024
PM Modi lauds India's record gas production in 2023-24
The Business Guardian

PM Modi lauds India's record gas production in 2023-24

Prime Minister Narendra Modi on Sunday lauded India’s ‘Atmanirbharta’ in the field of energy after the country recorded 36.43 billion cubic meters of gas production in the year 2023-24.

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1 min  |
August 05, 2024
FOCUS ON PROFIT, CENTRE TELLS STATE-OWNED GENERAL INSURERS
The Business Guardian

FOCUS ON PROFIT, CENTRE TELLS STATE-OWNED GENERAL INSURERS

Government has recently infused Rs 7,250 crore in instalments in three public sector general insurance companies

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2 mins  |
August 05, 2024
INFOSYS SAYS K'TAKA GOVT WITHDRAWING PRE-SHOW CAUSE NOTICE ON TAX DEMAND
The Business Guardian

INFOSYS SAYS K'TAKA GOVT WITHDRAWING PRE-SHOW CAUSE NOTICE ON TAX DEMAND

Infosys says that the Karnataka State authorities are withdrawing the pre-show cause GST notice issued to Infosys with a tax demand of Rs 32,403 crore, the company informed the exchange in a filing on Friday,

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1 min  |
August 04, 2024
Ambuja Cements announces Rs 1,600 cr investment in Bihar
The Business Guardian

Ambuja Cements announces Rs 1,600 cr investment in Bihar

Ambuja Cements Limited, part of Adani Portfolio, has announced its first venture \"Warisaliganj Cement Grinding Unit', a standalone facility with an overall capacity of 6 million tonnes per annum (MTPA), to be established at an investment of nearly Rs 1600 crore in Bihar.

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1 min  |
August 04, 2024
SLONE INFOSYSTEMS LIMITED BAGS MAJOR ORDER FOR 4,000 LAPTOPS
The Business Guardian

SLONE INFOSYSTEMS LIMITED BAGS MAJOR ORDER FOR 4,000 LAPTOPS

Slone Infosystems Limited (INSE: SLONE), specialized in providing IT hardware solutions, including sales and rentals of laptops, desktops, servers, and network ecluipment, along with tailored IT services across India, has bagged an order worth Rsil1.80 Cr. for the supply of a total of 4,000 Lenovo V14 G3 laptops.

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1 min  |
August 04, 2024
SBI BOOKS PROFIT OF RS 17,035 CR FOR Q1FY25, UP 1% YOY
The Business Guardian

SBI BOOKS PROFIT OF RS 17,035 CR FOR Q1FY25, UP 1% YOY

The State Bank of Indlia (SBI) has announced its financial results for the first quarter of the fiscal year 2024-25 (Q1FY25), with a net profit of Rs 17,035 crores for QIFY25, marking a year-on-year (YoY) growth of 0.89 per cent.

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2 mins  |
August 04, 2024
COURT OVERTURNS DECISION TO MAKE SATURDAYS WORKING DAYS IN SCHOOLS
The Business Guardian

COURT OVERTURNS DECISION TO MAKE SATURDAYS WORKING DAYS IN SCHOOLS

In a landmark decision, the Kerala High Court has overturned a directive from the Director of General Education, which had mandated that Saturdays be treated as a working day for all government and aided schools up to the 10th standard.

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2 mins  |
August 04, 2024
AI is catalysing non-farm job creation in India
The Business Guardian

AI is catalysing non-farm job creation in India

The Economic Survey, placed in Parliament recently, emphasized the complex and uncertain impact of automation on workers and suggested that India invest in research to “steer the AI bandwagon towards shared prosperity.”

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4 mins  |
August 04, 2024
Bajaj, TVS see growth while Hero, Eicher report dips IN 2-W
The Business Guardian

Bajaj, TVS see growth while Hero, Eicher report dips IN 2-W

The total two-wheeler sales of Hero MotoCorp in July declined to 3,70,274 units from 3,91,310 units in July 2023. The company sold a total of 3,40,390 motorcycles in July this year, and scooter sales stood at 29,884 units, according to an exchange filing by the company.

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1 min  |
August 04, 2024
ISRO selects Captain Shukla and Nair as Gaganyatris for Axiom-4
The Business Guardian

ISRO selects Captain Shukla and Nair as Gaganyatris for Axiom-4

The National Mission Assignment Board has recommended two Gaganyatris to the International Space Station for the upcoming Axiom-4 mission. Indian astronauts Group Captain Shubhanshu Shukla as prime and Group Captain Prasanth Balakrishnan Nair as back-uphave been shortlisted to go to the U.S. to train for the upcoming Axiom-4 mission to the International Space Station (ISS).

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1 min  |
August 04, 2024