CATEGORIES

INDIA'S FOREIGN EXCHANGE RESERVES CONTINUE TO RISE HITTING FRESH HIGH OF $689.2 BILLION
The Business Guardian

INDIA'S FOREIGN EXCHANGE RESERVES CONTINUE TO RISE HITTING FRESH HIGH OF $689.2 BILLION

According to the latest data from the RBI released today, India's foreign currency assets (FCA), the largest component offorex reserves, rose by USD5.107 billion to USD 604.144 billion.

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September 14, 2024
SEBI chief term all recent allegations as 'false, incorrect, malicious and motivated'
The Business Guardian

SEBI chief term all recent allegations as 'false, incorrect, malicious and motivated'

In a joint statement on Friday, SEBI Chairperson Madhabi Puri Buch and her husband Dhaval Buch out rightly termed the allegations labelled against them in the recent past as \"false, incorrect, malicious and motivated\".

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1 min  |
September 14, 2024
India's priorities in SCO shaped by PM's vision of SECURE, says Commerce Secy
The Business Guardian

India's priorities in SCO shaped by PM's vision of SECURE, says Commerce Secy

In the 23rd meeting of Ministers from the Shanghai Cooperation Organisation (SCO), Commerce Secretary Sunil Barthwal noted that India's priorities within the SCO align with Prime Minister Narendra Modi's vision of a 'SECURE' SCO, which stands for Security, Economic Development, Connectivity, Unity, Respect for sovereignty and territorial integrity, and Environmental protection.

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September 14, 2024
DFPD and FCI sign MoU to boost efficiency in food grain distribution
The Business Guardian

DFPD and FCI sign MoU to boost efficiency in food grain distribution

The Department of Food and Public Distribution (DFPD) and the Food Corporation of India (FCI) have signed a Memorandum of Understanding (MoU) for the fiscal year 2024-25 to improve the efficiency and accountability of food grain procurement and distribution.

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1 min  |
September 14, 2024
Adani Group rejects allegations concerning Swiss bank accounts, terms them baseless
The Business Guardian

Adani Group rejects allegations concerning Swiss bank accounts, terms them baseless

The Adani Group has rejected and denied \"baseless allegations\" over reports concerning freezing of some funds in Swiss bank accounts.

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September 14, 2024
SEBI disposes of co-location case against NSE and others without any further action
The Business Guardian

SEBI disposes of co-location case against NSE and others without any further action

The Securities and Exchange Board of India (SEBI) has disposed of proceedings against the stock exchange NSE, its former Vice Chairman Ravi Narain, former Chief Executive Officer Chitra Ramakrishna, former Group Operating Officer Anand Subramanian, and others in the colocation case.

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1 min  |
September 14, 2024
Solarium Green Energy Limited Files DRHP with BSE SME
The Business Guardian

Solarium Green Energy Limited Files DRHP with BSE SME

Solarium Green Energy (Solarium, The Company), specialising in Turnkey solutions, including design, engineering, procurement, testing, installation, commissioning, transmission systems, and comprehensive O&M services, has filed its Draft Red Herring Prospectus with BSE SME in preparation for the IPO, The issue size will be of up to 55,00,000 Equity Shares.

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September 14, 2024
Max acquires 64 pc stake in Jaypee at an enterprise value of Rs 1660 crore
The Business Guardian

Max acquires 64 pc stake in Jaypee at an enterprise value of Rs 1660 crore

Max Tax Healthcare on Friday Lannounced the acquisition of a 64 per cent stake in the Jaypee Healthcare, the company informed the exchange in a filing on Friday.

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September 14, 2024
INDIA'S LARGE OFFICE SPACE TRANSACTIONS SURGE BY 54 PC YOY IN FIRST HALF OF 2024
The Business Guardian

INDIA'S LARGE OFFICE SPACE TRANSACTIONS SURGE BY 54 PC YOY IN FIRST HALF OF 2024

The demand for large office spaces has seen significant growth in India, with transactions for office spaces above 100,000 sq ft increasing by 54 per cent year-on-year (YoY) in the first half of 2024 (H1 2024), according to a recent report by Knight Frank India, a property consultancy firm.

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September 14, 2024
RG KAR CASE: CPI(M) DEMANDS POLICE COMMISSIONER'S REMOVAL
The Business Guardian

RG KAR CASE: CPI(M) DEMANDS POLICE COMMISSIONER'S REMOVAL

The cadre of Communist T Party of India (Marxist) protested on Friday in Lal bazaar, Kolkata, near the police headquarters to demand justice in the RG Kar Medical College and Hospital rape-murder case and the removal of the Commissioner of Police.

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September 14, 2024
TN Govt, RGBSI to set up Electronics & Telematics facility in Hosur
The Business Guardian

TN Govt, RGBSI to set up Electronics & Telematics facility in Hosur

A Memorandum of Understanding (MoU) was signed between RGBSI and the Tamil Nadu government to establish an advanced electronics and telematics manufacturing unit in Hosur with an investment of Rs 100 crore.

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September 14, 2024
MEGHALAYA: RAJYA SAINIK BOARD CONCLAVE TACKLES VETERAN WELFARE IN NORTHEAST
The Business Guardian

MEGHALAYA: RAJYA SAINIK BOARD CONCLAVE TACKLES VETERAN WELFARE IN NORTHEAST

A two-day Rajya Sainik Board Directors' conclave was held in Shillong to address veteran welfare issues in the North East region.

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September 14, 2024
Himachal CM Sukhu chairs all-party meet, urges peace in region
The Business Guardian

Himachal CM Sukhu chairs all-party meet, urges peace in region

Amid the ongoing protest against the alleged illegally constructed Sanjauli mosque, Himachal Pradesh Chief Minister Sukhvinder Singh chaired an all-party meeting to take stock of the situation in the state.

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September 14, 2024
Rising global debt is a concern : RBI Governor
The Business Guardian

Rising global debt is a concern : RBI Governor

The Reserve Bank of The India Governor Shaktikanta Das cautioned the world on the rising global debt, which has surged to a staggering USD 315 trillion, equivalent to 333 per cent of global GDP in 2024.

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September 14, 2024
Indian stock indices took breather after hitting fresh highs
The Business Guardian

Indian stock indices took breather after hitting fresh highs

Sensex closed the day at 82,890.94 points, down 71.77 points, or 0.087 per cent, while Nifty closed at 25,356.50 points, down 32.40 points, or 0.13 per cent.

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September 14, 2024
August passenger car sales drop 1.8% in India, two- wheelers register 9.3% growth
The Business Guardian

August passenger car sales drop 1.8% in India, two- wheelers register 9.3% growth

Total passenger vehicle per cent in August to 352,921 units, as against 359,228 units same month last year, data released by the Society of Indian Automobile Manufacturers (SIAM) showed on Friday.

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September 14, 2024
Supreme Court To Deliver Judgement On Arvind Kejriwal's Petition For Bail In CBI Case Today
The Business Guardian

Supreme Court To Deliver Judgement On Arvind Kejriwal's Petition For Bail In CBI Case Today

The Supreme Court in the case Arvind Kejriwal v. Central Bureau of Investigation, CBI will pronounce judgment on September 13, 2024 in the petitions filed by Delhi Chief Minister Arvind Kejriwal challenging his arrest by the CBI in the Delhi liquor policy case and seeking bail in the same.

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September 13, 2024
SEBI Asks Exchange & Others To Ensure Minimal Data Loss
The Business Guardian

SEBI Asks Exchange & Others To Ensure Minimal Data Loss

Markets regulator Sebi on Thursday asked stock exchanges and other market infrastructure institutions (MIIs) to ensure that the Recovery Point Objective (RPO) -- the maximum period for which data loss is tolerable due to a technical glitch or disruptions -- is near zero.

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September 13, 2024
China's export push is backfiring amid global pushback
The Business Guardian

China's export push is backfiring amid global pushback

China, the world's largest exporter, is facing growing challenges as many countries take steps to reduce their reliance on Chinese products, according to a report by Moody's Analytics, titled \"How Everything Came To Be 'Made in China'.

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September 13, 2024
The Business Guardian

Judgement on govt employees' entitlement to increment earned a day before retirement: Supreme Court clarifies date of application

The Supreme Court in the case observed and has passed an interim order making certain important clarifications with regards to the application of its judgment in the case The Director (Admn and HR) KPTCL & Others vs CP Mundinamani and others, wherein the court held that government employees are entitled to the increment which they earned on the previous day of their retirement.

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September 13, 2024
Court acquits former Delhi Women & Child Minister in rape case
The Business Guardian

Court acquits former Delhi Women & Child Minister in rape case

The Rouse Avenue court on Wednesday acquitted a former Delhi Minister in a rape and prevention of corruption case of 2016.

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September 13, 2024
Empowering Change: Jubilant Bhartia Foundation and Schwab Foundation for Social Entrepreneurship honours Social Entrepreneur of the Year - India 2024
The Business Guardian

Empowering Change: Jubilant Bhartia Foundation and Schwab Foundation for Social Entrepreneurship honours Social Entrepreneur of the Year - India 2024

The Jubilant Bhartia Foundation and the Schwab Foundation for Social Entrepreneurship, the sister organization of the World Economic Forum, honoured Mr Akshay Saxena of Avanti Fellows with the esteemed Social Entrepreneur of the Year Award - India 2024.

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September 13, 2024
Delhi riots: HC asks trial court not to pass order on framing of charges till Sept 23
The Business Guardian

Delhi riots: HC asks trial court not to pass order on framing of charges till Sept 23

The Delhi High Court on Thursday asked the Trial Court not to pass a final order on framing of charges till September 23 in a case of an alleged larger conspiracy of Delhi riots 2020. The trial court has begun to hear the arguments on framing of charges.

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September 13, 2024
MP Praveen Khandelwal orders immediate action on civic issues
The Business Guardian

MP Praveen Khandelwal orders immediate action on civic issues

In an effort to address the civic challenges faced by local residents and traders in Chandni Chowk and its surrounding areas, Member of Parliament Praveen Khandelwal conducted a thorough inspection on Thursday, September 12, 2024.

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September 13, 2024
DELHI EXCISE POLICY CASE: SC TO DELIVER VERDICT ON KEJRIWAL'S PLEAS
The Business Guardian

DELHI EXCISE POLICY CASE: SC TO DELIVER VERDICT ON KEJRIWAL'S PLEAS

The Supreme Court will deliver its verdict on Friday regarding the pleas filed by Chief Minister Arvind Kejriwal seeking bail and challenging the Delhi High Court order upholding his arrest by the CBI in a corruption case stemming from the alleged excise policy scam.

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September 13, 2024
KAPIL SIBAL ON PM MODI'S VISIT TO CJI DY CHANDRACHUD'S HOME FOR GANESH PUJA: 'UNFORTUNATE'
The Business Guardian

KAPIL SIBAL ON PM MODI'S VISIT TO CJI DY CHANDRACHUD'S HOME FOR GANESH PUJA: 'UNFORTUNATE'

The Supreme Court Bar Association, SCBA President Kapil Sibal on Thursday addressed a press conference at his residence and said he was surprised and taken aback by the video showing Prime Minister Narendra Modi performing Ganesh Puja at Chief Justice Of India DY Chandrachud’s home.

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2 mins  |
September 13, 2024
IAF, DEFENCE SECTOR MOVING AHEAD WITH RESOLUTION OF SELF-RELIANT INDIA: RAJNATH
The Business Guardian

IAF, DEFENCE SECTOR MOVING AHEAD WITH RESOLUTION OF SELF-RELIANT INDIA: RAJNATH

Defence Minister Rajnath Singh on Thursday attended the multilateral aerial exercise ‘Tarang Shakti 2024’.

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September 13, 2024
'Finding solution to Kashmir issue is most important': Baramulla MP Engineer Rashid
The Business Guardian

'Finding solution to Kashmir issue is most important': Baramulla MP Engineer Rashid

Baramulla Lok Sabha MP Engineer Rashid, after being released on interim bail, met with the people of Baramulla on Thursday.

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1 min  |
September 13, 2024
'Akhilesh stopped picking up calls': Mayawati on breaking SP-BSP alliance after 2019 LS elections
The Business Guardian

'Akhilesh stopped picking up calls': Mayawati on breaking SP-BSP alliance after 2019 LS elections

Bahujan Samaj Party chief Mayawati on Thursday revealed the reason behind the fallout with the Samajwadi Party after the 2019 Lok Sabha elections, stating that SP chief Akhilesh Yadav stopped picking up calls from BSP leaders after the alliance’s poor performance.

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September 13, 2024
BJP's only agenda is to criticise Rahul Gandhi: Sachin Pilot
The Business Guardian

BJP's only agenda is to criticise Rahul Gandhi: Sachin Pilot

Amid intensifying row over the Leader of the Opposition in Lok Sabha, Rahul Gandhi’s visit to the United States, party leader Sachin Pilot has come in support of the leader and said the Bharatiya Janata Party has only one agenda, that is to criticise the Raebareli MP.

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1 min  |
September 13, 2024