CATEGORIES

Parliament Attack: Not in Bhagat Singh's name, please!
The Business Guardian

Parliament Attack: Not in Bhagat Singh's name, please!

The legend, who fought for the honour of the country, is being compared with those who discredited the entire democratic process of the country.

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3 mins  |
December 25, 2023
Japan boosts defense budget to record $56 bn amid indo-pacific tensions
The Business Guardian

Japan boosts defense budget to record $56 bn amid indo-pacific tensions

Japan has eased its weapenable it to transfer artillery and missiles made in the country to nations like the United States, according to a Friday report by AI Jazeera. This is in response to the growing tensions and security threats in the Indo-Pacific area.

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2 mins  |
December 25, 2023
CHINESE COLLEGE GRADUATES JUGGLING TWO JOBS TO MAKE ENDS MEET
The Business Guardian

CHINESE COLLEGE GRADUATES JUGGLING TWO JOBS TO MAKE ENDS MEET

As the unemployment rate among 16-24-year-olds in China reached a record high of 21.3 per cent in June, it raised concerns about the future of tens of millions of college students each year after graduation, VOA reported citing official data.

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3 mins  |
December 25, 2023
Challenges hindering gender diversity in Indian corporate landscape
The Business Guardian

Challenges hindering gender diversity in Indian corporate landscape

A lot boils down to how companies approach board member selection-which is typically through references in India. \"All my overseas boards have been the result of a professional search process that the respective companies have undertaken to refresh their boards.

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2 mins  |
December 25, 2023
Google plans workforce reduction amid AI innovation
The Business Guardian

Google plans workforce reduction amid AI innovation

Search giant Google is planning to reorganise a large part of its 30,000-strong ad sales unit as a result of the company's recent advances in artificial intelligence, according to a report by The Information. Notably, Google laid off around 12,000 employees earlier this year, making it the biggest job cut in the company's history.

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1 min  |
December 25, 2023
AIR INDIA'S INAUGURAL A350-900 LANDS IN NATIONAL CAPITAL
The Business Guardian

AIR INDIA'S INAUGURAL A350-900 LANDS IN NATIONAL CAPITAL

Air India's inaugural A350-900 with fresh branding lands in New Delhi from Airbus' toulouse

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1 min  |
December 25, 2023
Yogi Govt Invests in 804 Inflatable Boats for UP Districts
The Business Guardian

Yogi Govt Invests in 804 Inflatable Boats for UP Districts

The government of Uttar resolved to acquire 804 inflatable boats for 22 flood-prone districts within the state. The boats, to be procured at a cost of Rs 80.40 crores, will serve 2,412 villages situated in the basins of the Ghaghra/Saryu, Rapti, and Sharda rivers, as per a press release from the Chief Minister's office.

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1 min  |
December 25, 2023
Farmers prep for Vibrant Gujarat Summit 2024
The Business Guardian

Farmers prep for Vibrant Gujarat Summit 2024

Prime Minister Narendra Modi's aspiration to position Gujarat as a leader in milk production has gained renewed vigor under the guidance of Chief Minister Bhupendra Patel.

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1 min  |
December 25, 2023
MOSPI REPORTS RS 4.40TN COST OVERRUN IN NOV FOR 421 INFRA PROJECTS
The Business Guardian

MOSPI REPORTS RS 4.40TN COST OVERRUN IN NOV FOR 421 INFRA PROJECTS

According to Ministry of Statistics and Programme Implementation, 421 out of 1,831 projects reported cost overrun and 845 projects were delayed.

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1 min  |
December 25, 2023
Main-board IPOs weather global headwinds, collect Rs 52,000-cr
The Business Guardian

Main-board IPOs weather global headwinds, collect Rs 52,000-cr

In the dynamic landscape of 2023, the Indian Initial Public Offering (IPO) market exhibited resilience and adaptability, facing global volatility driven by rising interest rates and geopolitical risks. Despite a dip in the capital generated through mainboard IPOs to just over Rs 52,000 crore, experts maintain a strong bullish outlook for 2024, citing increased focus on profitability, reasonable pricing, and a robust regulatory framework.

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2 mins  |
December 25, 2023
Mutual funds mark impressive Rs 9 trillion asset rebound
The Business Guardian

Mutual funds mark impressive Rs 9 trillion asset rebound

The mutual fund announced back strongly this year after a lackluster 2022 with a remarkable Rs 9 lakh crore surge in the asset base, propelled by a buoyant equity market, stable interest rates and robust economic expansion. Experts believe that the positive momentum should continue into the near year as well.

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3 mins  |
December 25, 2023
Mcap of 3 of 10 firms jump Rs 70,312.7 cr; Reliance biggest winner
The Business Guardian

Mcap of 3 of 10 firms jump Rs 70,312.7 cr; Reliance biggest winner

In a week marked by volatile market conditions, the combined market valuation of three of the top 10 most valued firms witnessed significant changes, with Reliance Industries emerging as the standout gainer. Meanwhile, others in the top 10, including Tata Consultancy Services (TCS), ICICI Bank, Infosys, State Bank of India, ITC, Bharti Airtel, and Life Insurance Corporation of India (LIC), faced erosion in their market capitalization.

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1 min  |
December 25, 2023
FPIS INFUSE RS 57,300 CRORE IN DECEMBER DRIVEN BY STABILITY AND GROWTH
The Business Guardian

FPIS INFUSE RS 57,300 CRORE IN DECEMBER DRIVEN BY STABILITY AND GROWTH

Due to political stability, healthy economic growth, and a sustained decrease in US bond yields, foreign portfolio investors (FPIs) have poured nearly Rs 57,300 crore into Indian equities markets this month

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2 mins  |
December 25, 2023
ALCOHOL PRODUCERS WELCOME GUJARAT GOVT ALLOWING LIQUOR SALE IN GIFT CITY
The Business Guardian

ALCOHOL PRODUCERS WELCOME GUJARAT GOVT ALLOWING LIQUOR SALE IN GIFT CITY

The confederation of alcohol beverage producers in India on Saturday said they welcomed the Gujarat government’s decision to allow liquor sale in GIFT City.

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1 min  |
December 24, 2023
Adani Wilmar promoter to sell 1.6 crore shares to meet Sebi
The Business Guardian

Adani Wilmar promoter to sell 1.6 crore shares to meet Sebi

Adani Wilmar, a major player in the edible oils sector, is gearing up to meet the minimum public shareholding requirements.

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1 min  |
December 24, 2023
Vedanta arm BALCO gets Rs 84-crore GST demand notice
The Business Guardian

Vedanta arm BALCO gets Rs 84-crore GST demand notice

Vedanta reported that its subsidiary, Bharat Aluminium Company Limited (BALCO), has received a Goods and Services Tax (GST) demand notice amounting to Rs 84 crore.

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1 min  |
December 24, 2023
INDIA'S FOREX RESERVES JUMP BY USD 9 BN TO USD 615 BILLION
The Business Guardian

INDIA'S FOREX RESERVES JUMP BY USD 9 BN TO USD 615 BILLION

India's foreign exchange reserves increased by USD 9.112 billion to USD 615.971 billion in the week ending December 15, 2023. This increase is one of the highest for a week and marks a 20-month high, data released by the Reserve Bank of India on Friday showed.

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1 min  |
December 24, 2023
Court extends police custody of accused Mahesh Kumawat till Jan 5
The Business Guardian

Court extends police custody of accused Mahesh Kumawat till Jan 5

Delhi’s Patiala House Court on Saturday extended the police custody of Mahesh Kumawat until January 5 in connection with the Parliament security breach case on Saturday.

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1 min  |
December 24, 2023
Atishi takes swift action to address at Rohini court complex conditions
The Business Guardian

Atishi takes swift action to address at Rohini court complex conditions

Delhi’s Public Works Department (PWD) Minister Atishi expressed her dissatisfaction with the state of the Rohini court building and directed the Principal Secretary (PWD) to formulate a comprehensive annual maintenance contract for the upkeep of the Rohini Court Complex by December 30, 2023.

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1 min  |
December 24, 2023
ARGENTINIAN COURT HEARS UYGHUR REPRESSION CASE AGAINST CHINA
The Business Guardian

ARGENTINIAN COURT HEARS UYGHUR REPRESSION CASE AGAINST CHINA

The Court of Appeal in Buenos Aires recently heard an appeal in a universal jurisdiction case in Argentina, focusing on allegations of repression and crimes against humanity committed against the Uyghur people by the Chinese government.

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3 mins  |
December 24, 2023
Nexzu Mobility to set up smart EV Park at Rs 5,000 crore in Gujarat
The Business Guardian

Nexzu Mobility to set up smart EV Park at Rs 5,000 crore in Gujarat

In a major boost towards accelerating the development of the overall EV ecosystem, Nexzu Mobility, a sustainable urban transportation solutions provider, will invest

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1 min  |
December 24, 2023
Tata Motors' Safari, Harrier SUVs receives 1st Bharat-NCAP 5-star rating
The Business Guardian

Tata Motors' Safari, Harrier SUVs receives 1st Bharat-NCAP 5-star rating

In a move ahead for introducing safe vehicles on Indian roads, the Government has bestowed Tata Motors’ new Safari and Harrier SUVs with the first 5-star rating (adult occupant protection and child occupant protection), as per the Bharat New Car Assessment Programme (Bharat-NCAP).

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1 min  |
December 24, 2023
Hyundai Exter wins ICOTY, Enfield Himalayan wins IMOTY
The Business Guardian

Hyundai Exter wins ICOTY, Enfield Himalayan wins IMOTY

The Hyundai Exter has been conferred with the prestigious title of the ‘Indian Car of the Year for 2024’ at the 19th edition of the (ICOTY) and 17th edition of Indian Motorcycle of the Year (IMOTY) awards.

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1 min  |
December 24, 2023
AUTO COMPONENT INDUSTRY GROWS 12.6% TO RS 2.98 LAKH CRORE ON ROBUST SALES
The Business Guardian

AUTO COMPONENT INDUSTRY GROWS 12.6% TO RS 2.98 LAKH CRORE ON ROBUST SALES

With vehicle sales and exports displaying steady performance, the Indian auto component industry posted a turnover of Rs 2.98 lakh crore (USD 36.1 billion) for the period April to September 2023, a growth of 12.6 per cent over the first half of the previous year.

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2 mins  |
December 24, 2023
Government injects ₹72,961.21 Crore for welfare, infrastructure boost
The Business Guardian

Government injects ₹72,961.21 Crore for welfare, infrastructure boost

To strengthen the hands of state governments for financing various social welfare measures and infrastructure development schemes, the Centre has authorised the release of an additional installment of tax devolution amounting to ₹72,961.21 crore.

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2 mins  |
December 24, 2023
India refutes IMF assessment on debt
The Business Guardian

India refutes IMF assessment on debt

The Centre has refuted the assessment of the International Monetary Fund’s assessment that India’s general government debt could be 100 per cent of the country’s GDP under adverse circumstances by fiscal 2028. General government debt includes debt of both the Centre and the state governments.

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2 mins  |
December 24, 2023
GLOBAL INTEREST IN PM GATISHAKTI & LEADS 2023 REPORT FOR UNBIASED LOGISTICS INSIGHTS SAYS SUMITA DAWRA
The Business Guardian

GLOBAL INTEREST IN PM GATISHAKTI & LEADS 2023 REPORT FOR UNBIASED LOGISTICS INSIGHTS SAYS SUMITA DAWRA

Growing international interest in PM GatiShakti, a more objective and insightful LEADS 2023 Report that minimises perception biases, among the positive shift and advancements in India’s logistics ecosystem, says Special Secretary, Logistics Division, DPIIT, Sumita Dawra in an exclusive interaction with The Sunday Guardian.

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6 mins  |
December 24, 2023
DFS SECRETARY MEETS BANKS, ASKS FOR MONITORING, REVIEW OF TOP 20 IBC CASES
The Business Guardian

DFS SECRETARY MEETS BANKS, ASKS FOR MONITORING, REVIEW OF TOP 20 IBC CASES

The Finance Ministry wants public sector banks to monitor all Insolvency and Bankruptcy Code (IBC) cases very closely and review, particularly, the top 20 accounts as part of their bad assets management. The direction came during a meeting between Financial Services Secretary Vivek Joshi and the MDs and CEOs of PSBs to deliberate on the status of resolution of accounts under the provisions of IBC.

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2 mins  |
December 24, 2023
Leveraging Tech to Build End-user Safeguards in Online Gaming
The Business Guardian

Leveraging Tech to Build End-user Safeguards in Online Gaming

Technological advancements have been a significant driving force behind the growth of the Indian digital economy.

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5 mins  |
December 23, 2023
Centre disburses Rs 72,961 crore to states
The Business Guardian

Centre disburses Rs 72,961 crore to states

The central government has approved an extra release of tax devolution totaling Rs 72,961 crore for state governments, supporting social welfare and infrastructure schemes.

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1 min  |
December 23, 2023