CATEGORIES

US INTEREST RATE CUT UNLIKELY IN JUNE AMID STUBBORN INFLATION: MOODY'S
The Business Guardian

US INTEREST RATE CUT UNLIKELY IN JUNE AMID STUBBORN INFLATION: MOODY'S

Moody’s believes an interest rate cut during the US Federal Reserve s June meeting is likely off the table given stubborn inflation in the country

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1 min  |
April 13, 2024
Adani group requests $750M from Banks for warrant conversion
The Business Guardian

Adani group requests $750M from Banks for warrant conversion

The Adani Group is currently in discussions with banks to secure around $750 million (Rs 6,200 crore) in order to meet payment obligations for the conversion of warrants allotted by Ambuja Cements. The deadline for these payments is April 18.

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1 min  |
April 13, 2024
G-SHOCK'S DEBUT: UNVEILING TRENDS IN NEW DELHI WITH FIRST EXCLUSIVE STORE
The Business Guardian

G-SHOCK'S DEBUT: UNVEILING TRENDS IN NEW DELHI WITH FIRST EXCLUSIVE STORE

The brand invites visitors to explore its newly curated space, where every corner embodies the ethos of Absolute Toughness’ and celebrates

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3 mins  |
April 13, 2024
TN to pitch itself aggressively as mfg site for Tesla
The Business Guardian

TN to pitch itself aggressively as mfg site for Tesla

India’s southern state of Tamil Nadu will aggressively pitch itself as a manufacturing site for Tesla Inc. as speculation builds about the US company’s planned investments ahead of billionaire Elon Musk’s visit.

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1 min  |
April 13, 2024
HAL bags 97 LCA Mark 1A fighter jets @Rs 65,000 crore
The Business Guardian

HAL bags 97 LCA Mark 1A fighter jets @Rs 65,000 crore

The Defence Ministry has issued a tender to the public sector firm Hindustan Aeronautics Limited for the purchase of made-inIndia 97 LCA Mark 1A fighter jets expected to be worth over Rs 65,000 crore.

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2 mins  |
April 13, 2024
Noida Airport selects Bird Group for ground handling services
The Business Guardian

Noida Airport selects Bird Group for ground handling services

On Friday, Noida International Airport said it has entered into a concession agreement with the Bird Group to provide groundhandling resources and services at the upcoming airport in Jewar, Uttar Pradesh.

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1 min  |
April 13, 2024
INDIAN REAL ESTATE TO SURGE TO USD 1.5 TRILLION BY 2034, SAYS REPORT
The Business Guardian

INDIAN REAL ESTATE TO SURGE TO USD 1.5 TRILLION BY 2034, SAYS REPORT

As per the report published on Friday, India’s real estate sector will be worth USD 1.5 trillion by 2034 as it grows three-fold from USD 482 billion now, with residential and commercial demand increasing.

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2 mins  |
April 13, 2024
The Business Guardian

India seeks faster process, Peru calls for flexibility, pragmatism

India and Peru on Friday dicussed trade in goods, trade in services, movement of natural persons, rules of origin among other matters during the seventh round of negotiations for the India-Peru FTA from 8-11 April 2024.

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2 mins  |
April 13, 2024
Indian tech startups see sharp drop in layoffs, down 60% in Q1
The Business Guardian

Indian tech startups see sharp drop in layoffs, down 60% in Q1

Indian technology startups witnessed a notable decline in layoffs during the first quarter of the calendar year, according to data compiled by a tracking website. Despite ongoing economic challenges, layoffs in the sector reduced by 60% compared to the corresponding period last year, indicating a relatively stable employment landscape amidst evolving market dynamics.

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1 min  |
April 13, 2024
The Business Guardian

India's silver rush, imports surge to record high, expected to climb 66%

In a significant development, India’s silver imports skyrocketed by a staggering 260% in February, reaching an all-time high.

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2 mins  |
April 13, 2024
Retail inflation eases to 4.85% in March 24, experts flag food price worry
The Business Guardian

Retail inflation eases to 4.85% in March 24, experts flag food price worry

Days after RBI kept its policy rates in abeyance, India’s consumer price index led retail inflation moderated to 4.85 per cent in March 2024 even as food inflation softened marginally and core inflation remained steady at 3.5 per cent.

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2 mins  |
April 13, 2024
PVS KEEP AUTO SECTOR FIRING IN FY24 POST 12.5% GROWTH, SALES OF 42 LAKH UNITS
The Business Guardian

PVS KEEP AUTO SECTOR FIRING IN FY24 POST 12.5% GROWTH, SALES OF 42 LAKH UNITS

On the backdrop of a robust economic growth of 7.6 per cent the Indian automobile industry posted a satisfactory growth of 12.5 per cent during financial year 202324, with passenger vehicle segment leading the growth with overall sales touching almost 5 million units even as the industry remains optimistic amidst positive macroeconomic outlook.

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2 mins  |
April 13, 2024
UAE Commits $15 Mm To 'Amalthea Fund' For Gaza Relief
The Business Guardian

UAE Commits $15 Mm To 'Amalthea Fund' For Gaza Relief

In accordance with President His Highness Sheikh Mohamed bin Zayed Al Nahyan’s instructions, the UAE has announced a USD 15 million allocation to support the “Amalthea Fund.”

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1 min  |
April 12, 2024
WTO Predicts Global Trade Rebound In 2024 Amidst Economic Recovery
The Business Guardian

WTO Predicts Global Trade Rebound In 2024 Amidst Economic Recovery

According to a recent forecast by economists at the World Trade Organization (WTO), global goods trade is projected to gradually recover this year.

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2 mins  |
April 12, 2024
Telecom Sector Brace For 15-17% Tariff Jump Post-Election, Says Report
The Business Guardian

Telecom Sector Brace For 15-17% Tariff Jump Post-Election, Says Report

The telecom industry is expected to take a 15-17 percent tariff hike post general elections, according to an analyst report that termed the tariff increase in the sector as "imminent" with Airtel as the biggest beneficiary.

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2 mins  |
April 12, 2024
Over 1.50 Lakh New Voters Added In Eight LS Seats Of Maharashtra
The Business Guardian

Over 1.50 Lakh New Voters Added In Eight LS Seats Of Maharashtra

More than 1.52 lakh new voters have been registered in eight out of total 48 Lok Sabha constituencies in Maharashtra in the latest round of electoral roll revision, in which the number of new women voters was more than their male counterparts, officials said.

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1 min  |
April 12, 2024
India's UPI Transactions Way More Than US Digital Payments: EAM S. Jaishankar
The Business Guardian

India's UPI Transactions Way More Than US Digital Payments: EAM S. Jaishankar

During a recent address, (EAM) S Jaishankar highlighted India's significant strides in digital payments, revealing that the country now conducts transactions worth Rs 120 crore monthly through the Unified Payments Interface (UPI).

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1 min  |
April 12, 2024
Infosys And Intel Collaborate On Gen AI For Enterprise Growth
The Business Guardian

Infosys And Intel Collaborate On Gen AI For Enterprise Growth

Indian IT services firm Infosys and semiconductor leader Intel revealed an extension of their strategic partnership aimed at supporting global enterprises in speeding up their AI initiatives.

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1 min  |
April 12, 2024
Cola, Beverage, Ice Cream Makers Expect Sales Skyrocket As Temperature Soars
The Business Guardian

Cola, Beverage, Ice Cream Makers Expect Sales Skyrocket As Temperature Soars

As temperatures begin to climb and a heatwave settles in, FMCG and dairy companies selling cola-based fizz drinks, juices, mineral water, ice creams, and milk-based beverages expect a spike in sales.

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1 min  |
April 12, 2024
Apple Warns Users Of 92 Countries About Possible 'Mercenary Spyware' Attack
The Business Guardian

Apple Warns Users Of 92 Countries About Possible 'Mercenary Spyware' Attack

Apple has warned its users in India and 91 other countries that they may have been the victims of a "mercenary spyware" attack, according to multiple media reports.

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1 min  |
April 12, 2024
Fast retailing's Q2 profit climbs 7.2% to $721.80mm
The Business Guardian

Fast retailing's Q2 profit climbs 7.2% to $721.80mm

Fast ast Retailing Co of Japan reported a 7.2% increase in second-quarter profit, maintaining the momentum towards what the Uniqlo operator anticipates will be a third consecutive year of record earnings.

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1 min  |
April 12, 2024
'Birds of Goodness' Airdrop delivers record aid to Northern Gaza
The Business Guardian

'Birds of Goodness' Airdrop delivers record aid to Northern Gaza

The Joint Operations Command of the Ministry of Defence announced the successful completion of the 30th \"Birds of Goodness\" airdrop operation, delivering 125 tonnes of humanitarian aid and Eid clothing to northern Gaza.

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1 min  |
April 12, 2024
Will only support leaders who champion Maratha quota, govt deceived us: Jarange
The Business Guardian

Will only support leaders who champion Maratha quota, govt deceived us: Jarange

Activist Manoj Jarange has accused the Maharashtra government of cheating Marathas over quota and declared that the community will back only those political leaders who genuinely support reservation for its members.

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1 min  |
April 12, 2024
The Business Guardian

Comic Con set to enthral pop culture enthusiasts in Mumbai

From fans dressed as their favourite comic and movie characters, to national and international comic artists taking the stage, the Mumbai Comic Con is all set to celebrate all things geek and pop in its upcoming edition, starting April 20.

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1 min  |
April 12, 2024
MAHARASHTRA CONGRESS CHIEF NANA PATOLE CLAIMS 'ATTEMPT ON LIFE' AFTER TRUCK HITS HIS CAR
The Business Guardian

MAHARASHTRA CONGRESS CHIEF NANA PATOLE CLAIMS 'ATTEMPT ON LIFE' AFTER TRUCK HITS HIS CAR

Following his miraculous escape on Tuesday after his car met with an accident in Bhandara district, Maharashtra State Congress President Nana Patole has alleged that a 'deliberate attempt' was made to dash his vehicle.

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2 mins  |
April 12, 2024
The Business Guardian

MADHYA PRADESH HIGH COURT: WRIT PETITION CANNOT BE ENTERTAINED TO CHALLENGE AN ARBITRAL AWARD STATUTORY REMEDY UNDER SECTION 34 OF A&C ACT MUST BE AVAILED

The Madhya Pradesh High Court in the case Fulkunwar v. Saksham Pradikari observed and has that a write petition filed to challenge an arbitral award is not maintainable in view of the efficacious alternative statutory remedy available under Section 34 of the Arbitration and Conciliation Act.

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1 min  |
April 12, 2024
Lawyer's Legal Battle with corporate Giant makes it to Times Square, New York
The Business Guardian

Lawyer's Legal Battle with corporate Giant makes it to Times Square, New York

\"The Mind That Matters,\" a compelling short documentary is a chronicle of Payal Chawla's audacious legal battle against a corporate giant, her personal challenges, and her efforts in founding of an all-women law firm.

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2 mins  |
April 12, 2024
The Business Guardian

BOMBAY HIGH COURT QUASHED REASSESSMENT ORDER AGAINST HOUSEWIFE WHEN PROPERTY WAS PURCHASED BY HER HUSBAND

The Bombay High Court in the case Kalpita Arun Lanjekar Versus Income Tax Officer observed and has quashed a reassessment order against a housewife when the alleged investment was made by her husband.

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2 mins  |
April 12, 2024
CHINA: CONSUMER PRICES UP 2ND MONTH, FACTORY DEFLATION PERSISTS
The Business Guardian

CHINA: CONSUMER PRICES UP 2ND MONTH, FACTORY DEFLATION PERSISTS

China’s consumer prices showed a modest increase in March, but factory deflation persists, indicating a continuation of weak demand despite

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2 mins  |
April 12, 2024
The Business Guardian

NCLAT rejects insolvency plea against parsvnath landmark developers

The National Company Law Appellate Tribunal (NCLAT) has rejected the request made by four unit buyers of Parsvnath Landmark Developers to commence insolvency proceedings against the subsidiary of Parsvnath Developer.

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1 min  |
April 12, 2024