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Gujarat outpaces national growth, becomes India's growth engine
The Business Guardian

Gujarat outpaces national growth, becomes India's growth engine

With a Compound Annual Growth Rate (CAGR) of 15 percent from 2002-03 to 2022-23, surpassing the national average, Gujarat maintains its status as one of the country's fastest-growing states, as stated by the state government.

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1 min  |
January 06, 2024
Chinese dumping forces closure of 35% Guj stainless steel MSMEs in Q2 FY24
The Business Guardian

Chinese dumping forces closure of 35% Guj stainless steel MSMEs in Q2 FY24

Stainless steel players in India are grappling with a significant influx of low-cost Chinese imports, resulting in the closure of approximately 30-35 percent of medium and small businesses in Gujarat between July and September last year, according to Rajamani Krishnamurti, President of the Indian Stainless Steel Development Association (ISSDA).

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2 mins  |
January 06, 2024
UN forecasts 6.2% growth for India, property issues dampen China
The Business Guardian

UN forecasts 6.2% growth for India, property issues dampen China

According to the United Nations World Economic Situation and Prospects (WESP) 2024 report, India witnessed robust investment performance in 2023, driven primarily by government infrastructure initiatives and multinational investments.

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2 mins  |
January 06, 2024
Govt investigates DHL, FedEx, UPS for suspected discount and tariff collusion
The Business Guardian

Govt investigates DHL, FedEx, UPS for suspected discount and tariff collusion

In a significant probe by the Competition Commission of India (CCI), the domestic branches of global delivery giants like DHL, United Parcel Service (UPS), and FedEx are under scrutiny for potential collusion in setting discounts and tariffs.

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3 mins  |
January 06, 2024
The Business Guardian

INDIA'S GDP LIKELY TO GROW 7.3 % IN FY24 BACKED BY ALL-ROUND PERFORMANCE OF SECTORS

The only exception is the agriculture and allied sector, for which the estimated growth is 1.8 percent, compared to a 4 percent expansion in the previous fiscal.

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3 mins  |
January 06, 2024
FOUR INCLUDING TWO PESO OFFICIALS ARRESTED BY CBI IN BRIBERY CASE IN NAGPUR
The Business Guardian

FOUR INCLUDING TWO PESO OFFICIALS ARRESTED BY CBI IN BRIBERY CASE IN NAGPUR

The Central Bureau of Investigation (CBI) has arrested four persons here including two officials of the Petroleum and Explosives Safety Organization (PESO) in an alleged case of bribery and recovered a total of Rs 2.25 crore in cash from their possession.

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1 min  |
January 05, 2024
Navi Mumbai civic body collects property tax of Rs 465.7 cr in 9 months of FY24
The Business Guardian

Navi Mumbai civic body collects property tax of Rs 465.7 cr in 9 months of FY24

The Navi Mumbai Municipal Corporation (NMMC) has collected Rs 465.70 crore as property tax in nine months of the financial year 2023-24 compared to Rs 398.65 crore in the same period of the previous fiscal, officials said.

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1 min  |
January 05, 2024
Minimum temperature in Mumbai hits winter low at 18.4°C
The Business Guardian

Minimum temperature in Mumbai hits winter low at 18.4°C

Mumbai experienced its coldest morning of the winter season as the minimum temperature dipped to 18.4 degrees Celsius on Wednesday, accompanied by smog-causing

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1 min  |
January 05, 2024
DELHI HIGH COUT: PERSONS WITH DISABILITIES MUST BE GIVEN CHOICE TO BE POSTED AT PREFERRED PLACE, MAY BE EXEMPTED FROM ROTATIONAL TRANSFERS
The Business Guardian

DELHI HIGH COUT: PERSONS WITH DISABILITIES MUST BE GIVEN CHOICE TO BE POSTED AT PREFERRED PLACE, MAY BE EXEMPTED FROM ROTATIONAL TRANSFERS

The Delhi High Cout in the case Bhavneet Singh v. Ircon International Limited Through Chairman And Managing Director And Ors observed that the State must ensure that transfers and job postings of Persons with Disabilities, PwDs is done in the way that they shall be given the choice which is to be posted at their preferred place of posting, and may even be exempted from rotational transfers as mandated for other employees.

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2 mins  |
January 05, 2024
BENGALURU COURT REFERRED WIPRO'S CASE AGAINST EX-CFO JATIN DALAL OVER NON-COMPETE CLAUSE FOR ARBITRATION
The Business Guardian

BENGALURU COURT REFERRED WIPRO'S CASE AGAINST EX-CFO JATIN DALAL OVER NON-COMPETE CLAUSE FOR ARBITRATION

The City Civil Court in Bengaluru in the case Wipro Limited AND Jatin Pravinchandra Dalal observed and has referred the dispute between Wipro Limited and its former Chief Financial Officer, Jatin Dalal over the alleged violation of a noncompete clause for arbitration.

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1 min  |
January 05, 2024
The Business Guardian

SC: Bar Of Limitation Cannot Be Avoided By Resorting To Article 136 Of Constitution When Statutory Appeal Available

The Supreme Court in the case Gopal Krishnan MS and Anr. v.

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1 min  |
January 05, 2024
Parliament... without a bowler
The Business Guardian

Parliament... without a bowler

In a democratic process, it is difficult to imagine Parliament functioning without Opposition

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4 mins  |
January 05, 2024
We all wish to board train to eternity with confirmed booking!
The Business Guardian

We all wish to board train to eternity with confirmed booking!

As in chess so in life the ‘end game’  matters the most; all is well that ends well !

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5 mins  |
January 05, 2024
The Business Guardian

UAE's ZHO commemorates World Braille Day

Zayed Higher Organisation for People of Determination (ZHO) affirmed its commitment to enhance the dissemination and use of the writing system for the blind or visually impaired through touch, known as “Braille,” in all aspects of life.

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4 mins  |
January 05, 2024
NEPAL AND INDIA SIGN 10-YEAR DEAL: 10,000 MW ELECTRICITY SALE AGREEMENT
The Business Guardian

NEPAL AND INDIA SIGN 10-YEAR DEAL: 10,000 MW ELECTRICITY SALE AGREEMENT

Kathmandu and New Delhi on Thursday inked a longterm agreement on electricity trade, as part of which Nepal will export 10000 megawatts

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2 mins  |
January 05, 2024
TORRENT POWER SHARES SOAR 13% ON RS 47,350 CR PROJECT AGREEMENT WITH GUJARAT
The Business Guardian

TORRENT POWER SHARES SOAR 13% ON RS 47,350 CR PROJECT AGREEMENT WITH GUJARAT

Shares of Torrent Power surged 13.5 per cent on the BSE to a fresh high of Rs 1.071.6 in Thursday's intra-day trade

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2 mins  |
January 05, 2024
Brigade Enterprises surges 13% with strong outlook
The Business Guardian

Brigade Enterprises surges 13% with strong outlook

Brigade Enterprises (BEL) witnessed a 13 per cent surge, reaching a new peak of Rs 983.65 on the BSE during Thursday's intra-day trade, driven by a positive business outlook.

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1 min  |
January 05, 2024
Bajaj Finance surges 5% on strong Q3 AUM growth
The Business Guardian

Bajaj Finance surges 5% on strong Q3 AUM growth

Bajaj Finance witnessed surge in its shares during Thursday's trading session, following the disclosure to stock exchanges that its customer base as of 31 December 2023, increased to 8.04 crore from 6.60 crore on the corresponding day last year.

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1 min  |
January 05, 2024
WFI plans suspension challenge, convenes EC Meet on 16 January
The Business Guardian

WFI plans suspension challenge, convenes EC Meet on 16 January

The Wrestling Federation of India (WFI) plans to challenge its suspension by the Sports Ministry in court next week and has scheduled an Executive Committee meeting in New Delhi on 16 January to discuss the next steps.

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1 min  |
January 05, 2024
Jaishankar and Nepal's President Convene in Kathmandu
The Business Guardian

Jaishankar and Nepal's President Convene in Kathmandu

On Thursday, External Affairs Minister S.

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1 min  |
January 05, 2024
Congress Chief criticizes Modi Govt for failing to curb rising crude oil prices
The Business Guardian

Congress Chief criticizes Modi Govt for failing to curb rising crude oil prices

On Thursday, Congress President Mallikarjun Kharge criticized the Union government for not reducing petrol and diesel prices despite the global fall in crude oil prices.

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1 min  |
January 05, 2024
INDIA REPORTS 760 FRESH COVID CASES, TWO FATALITIES
The Business Guardian

INDIA REPORTS 760 FRESH COVID CASES, TWO FATALITIES

A single-day rise of 760 new cases of Covid were recorded in the country and two more deaths have been reported

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1 min  |
January 05, 2024
Delhi and Noida airports gear up for competition
The Business Guardian

Delhi and Noida airports gear up for competition

A brewing clash between a new entrant in Noida and the established veteran in Delhi is poised to reshape the landscape of India's airport network. According to aviation consultancy firm CAPA India, the anticipated competition between Jewar Airport in Noida and Indira Gandhi International Airport in Delhi could intensify even before the former begins operations later this year.

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2 mins  |
January 05, 2024
The Business Guardian

Blood now free as govt caps charges on units

In a bid to curb overcharging practices, hospitals and blood banks across India are now limited to charging only processing fees for blood, as per the recent decision by the Drugs Controller General of India (DCGI).

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1 min  |
January 05, 2024
The Business Guardian

TOY EXPORTS SURGED 239%, IMPORTS DECLINED 52% IN FY15-23, SAYS IIM STUDY

The Indian Toy indus239 per cent rise in exports and 52 per cent decline in imports in financial year 2022-23 over FY 2014-15, buoyed by Government efforts to boost the sector.

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2 mins  |
January 05, 2024
BJP accuses Kejriwal of drug scandal amid DGCI action
The Business Guardian

BJP accuses Kejriwal of drug scandal amid DGCI action

In a decisive move to prevent potential exploitation, the Drugs Controller General of India (DCGI) has prohibited all charges related to blood units, with the exception of supply and processing costs.

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2 mins  |
January 05, 2024
ONGC DOMINATES 9TH OIL, GAS BLOCK AUCTION. SECURES 7 OF 10 AREAS
The Business Guardian

ONGC DOMINATES 9TH OIL, GAS BLOCK AUCTION. SECURES 7 OF 10 AREAS

ONGC dominates, securing seven areas, while a consortium led by Reliance Industries and BP claims one each in the ninth round of OALP, marking a significant move towards energy self-sufficiency with 28 blocks offered for exploration

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4 mins  |
January 05, 2024
ELGAR CASE: SC NOTICE TO MAHA, NIA ON BAIL PLEA OF DU PROFESSOR HANY BABU
The Business Guardian

ELGAR CASE: SC NOTICE TO MAHA, NIA ON BAIL PLEA OF DU PROFESSOR HANY BABU

The Supreme Court on Wednesday a response from the Maharashtra government and the NIA on a plea by Delhi University's associate professor and Elgar Parishad-Maoist links case accused Hany Babu against an order of the Bombay High Court which rejected his bail plea.

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1 min  |
January 04, 2024
Supreme Court Issued Guidelines To High Court’s On Summoning Govt Officials, Says Personal Presence Should Be Exceptional
The Business Guardian

Supreme Court Issued Guidelines To High Court’s On Summoning Govt Officials, Says Personal Presence Should Be Exceptional

The Supreme Court in the case State of Uttar Pradesh v. Association of Retired Supreme Court and High Court Judges observed and has addressed the issue of 'arbitrary and frequent' summoning of government officials by the Courts.

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3 mins  |
January 04, 2024
Court of Appeals In Qatar Commutes Death Of 8 Navy Veterans
The Business Guardian

Court of Appeals In Qatar Commutes Death Of 8 Navy Veterans

My happiness really knows no bounds whatsoever and I to be dead honest just can’t control my tears from flowing freely after listening to news and reading in newspapers that the death penalty after a very long spell of uncertainty was looming like a ‘Damocles Sword’ on the eight ex-Navy personnel sentenced to death in Qatar on October 26 by Qatar’s Court of First Instance has been set aside by a higher court – Qatar’s Court of Appeals in Doha on December 28, 2023 thus giving them reprieve from being executed.

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7 mins  |
January 04, 2024