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INDIA TARGETS 4,500 VANDE BHARAT TRAINS BY 2047: SCINDIA
The Business Guardian

INDIA TARGETS 4,500 VANDE BHARAT TRAINS BY 2047: SCINDIA

The union minister went on to say that India will get its first highspeed bullet train between 2026 and 2027. He added that by the end of 2024, Navi Mumbai's second airport will be functioning

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December 09, 2023
2nd Jan Vishwas Bill in the works to increase ease of compliance: Goyal
The Business Guardian

2nd Jan Vishwas Bill in the works to increase ease of compliance: Goyal

The Government is working on a second Jan Vishwas Bill to increase the ease of compliance for industry.

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December 09, 2023
Govt nod to extra allocation of Rs 2500 cr for continuation of Interest Equalisation Scheme
The Business Guardian

Govt nod to extra allocation of Rs 2500 cr for continuation of Interest Equalisation Scheme

In a significant relief for the stressed exporters in India, the Union Cabinet chaired by Prime Minister Narendra Modi on Friday, approved an additional allocation of Rs 2500 crore for continuation of the Interest Equalisation Scheme till 30th June 2024.

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December 09, 2023
PM Modi kicks off Uttarakhand summit, Rs 44,000 Cr projects signed
The Business Guardian

PM Modi kicks off Uttarakhand summit, Rs 44,000 Cr projects signed

Dehradun witnessed the grand inauguration of the Uttarakhand Global Investors Summit 2023 by Prime Minister Narendra Modi at the Forest Research Institute.

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December 09, 2023
Govt makes mandatory for 100% foodgrains, 20% of sugar to be packed in jute bags
The Business Guardian

Govt makes mandatory for 100% foodgrains, 20% of sugar to be packed in jute bags

In another step towards self-reliance in consonance with ‘Aatmanirbhar Bharat, the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi, on Friday, approved reservation norms for mandatory use of jute in packaging for Jute Year 2023 -24 (1 July, 2023 to 30 June, 2024).

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December 09, 2023
RBI STAYS ON DISINFLATIONARY TRACK, KEEPS REPO RATE INTACT AT 6.50%
The Business Guardian

RBI STAYS ON DISINFLATIONARY TRACK, KEEPS REPO RATE INTACT AT 6.50%

Economic activity exhibited buoyancy in Q2 aided by strong domestic demand as GDP posted a robust growth of 7.6 per cent driven by investment and government consumption.

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December 09, 2023
'India's digital economay to drive 20% of GDP by 2026'
The Business Guardian

'India's digital economay to drive 20% of GDP by 2026'

Union Minister Rajeev Chandrasekhar, while addressing the 'Startup Conclave 2023' organized by the Gujarat government, emphasized India's digital transformation and its burgeoning role in the global tech landscape.

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1 min  |
December 08, 2023
HOSPITAL STAFFER ARRESTED FOR ATTEMPTED INVASION OF PRIVACY
The Business Guardian

HOSPITAL STAFFER ARRESTED FOR ATTEMPTED INVASION OF PRIVACY

Mumbai police apprehended a hospital employee accused of attempting to secretly record a medical student while she was bathing at a local college.

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December 08, 2023
WhatsApp panic: Misinformation sparks fear in Navi Mumbai
The Business Guardian

WhatsApp panic: Misinformation sparks fear in Navi Mumbai

Navi Mumbai residents were sent into a panic after a WhatsApp message alleging the 'kidnapping' of minor children circulated widely in school groups and housing societies.

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December 08, 2023
HC SEEKS TO KNOW FROM BMC IF THERE ARE ENCROACHMENTS ON KING GEORGE HOSPITAL PREMISES
The Business Guardian

HC SEEKS TO KNOW FROM BMC IF THERE ARE ENCROACHMENTS ON KING GEORGE HOSPITAL PREMISES

The Bombay High Court has said it was anxious to avoid a situation where encroachments inside the King George V Memorial Hospital in central Mumbai increases so much that in future the entire facility may have to be converted into a slum scheme.

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December 08, 2023
BOY KILLS 8-YEAR-OLD GIRL FOR TEASING HIM; HELD ALONG WITH HIS FATHER
The Business Guardian

BOY KILLS 8-YEAR-OLD GIRL FOR TEASING HIM; HELD ALONG WITH HIS FATHER

\"During the investigation, the police found that the teenage boy was involved in the crime and a deeper probe confirmed that he himselfhad killed the girl,\" he said. \"During his interrogation, he told the police that he was annoyed with the victim as she used to tease him and he wanted to teach her a lesson.

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December 08, 2023
DELHI HIGH COURT: SAFARIS AND PUBLIC ENTRIES IN SANCTUARIES MUST BE MINUTELY WORKED OUT TO ENSURE BALANCE BETWEEN ECO-TOURISM AND WILDLIFE PROTECTION
The Business Guardian

DELHI HIGH COURT: SAFARIS AND PUBLIC ENTRIES IN SANCTUARIES MUST BE MINUTELY WORKED OUT TO ENSURE BALANCE BETWEEN ECO-TOURISM AND WILDLIFE PROTECTION

The Delhi High Court in the case Devinder v. The Lt. Governor and Ors observed and has stated that the safaris and public entries in wildlife sanctuaries are to be worked out very delicately and minutely in order to ensure a good balance between eco-tourism and the protection of wildlife.

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December 08, 2023
IAI unveils new initiative to track greenhouse gas reduction of member firms
The Business Guardian

IAI unveils new initiative to track greenhouse gas reduction of member firms

The International AluminThe e ium Institute (IAI) made a significant announcement on Thursday, unveiling a new initiative aimed at monitoring and advancing the efforts of its member companies in reducing emissions. Launched during the United Nations' Climate Change Conference (COP 28) in Dubai, this initiative has garnered support from major players in the aluminium industry, reflecting the sector's commitment to addressing its greenhouse gas emissions.

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December 08, 2023
'We have big plans for Indian mkt': Top Saudi tourism official
The Business Guardian

'We have big plans for Indian mkt': Top Saudi tourism official

The president of Asia-Pacific (APAC) markets of the Saudi Tourism Authority, Alhasan Aldabbagh, said foraying into the Indian market is the biggest ambition' of Saudi Arabia, and his country has big plans in that regard.

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December 08, 2023
CASH-STRAPPED PAKISTAN SECURES $655 MILLION ADB PACKAGE
The Business Guardian

CASH-STRAPPED PAKISTAN SECURES $655 MILLION ADB PACKAGE

The Asian Development Bank (ADB) granted a financial package to Pakistan under three different loans

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3 mins  |
December 08, 2023
AMD launches AI solutions from data centers to PCs
The Business Guardian

AMD launches AI solutions from data centers to PCs

Data centers and personal computers (PCs) are among the items that chipmaker AMD has introduced to capitalize on the rapidly expanding Artificial Intelligence (AI) market.

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December 08, 2023
SpiceJet board mulls equity share issue for fresh capital
The Business Guardian

SpiceJet board mulls equity share issue for fresh capital

The airline SpiceJet, which financial difficulties for a number of quarters, announced on Thursday that its board is examining alternatives for obtaining additional funding by issuing preferred shares or convertible instruments.

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1 min  |
December 08, 2023
Tata Motors, HDFC Bank partner for vehicle financing
The Business Guardian

Tata Motors, HDFC Bank partner for vehicle financing

Tata Motors announced that it has teamed up with HDFC Bank to provide its commercial vehicle clients digital financing options. According to a statement from Tata Motors, the two businesses have signed a Memorandum of Understanding (MoU) to this effect.

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December 08, 2023
ADB Grants $98M loan for India's horticulture farmers
The Business Guardian

ADB Grants $98M loan for India's horticulture farmers

A USD 98 million loan has been authorized by the Asian Development Bank (ADB) to help Indian horticultural crop farmers have better access to certified disease-free planting materials, protecting them from the effects of climate change.

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December 08, 2023
ADANI GROUP CHAIRMAN UNVEILS SUSTAINABLE INITIATIVES IN CEMENT INDUSTRY
The Business Guardian

ADANI GROUP CHAIRMAN UNVEILS SUSTAINABLE INITIATIVES IN CEMENT INDUSTRY

Gautam Adani, the chairman of the Adani Group, stated that he anticipates the company to take the lead in the production of sustainable cement

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December 08, 2023
J&K boasts job boom, 7.4 lakh self-employed since 2021
The Business Guardian

J&K boasts job boom, 7.4 lakh self-employed since 2021

The of Home Affairs, responding to queries in the Rajya Sabha, disclosed that Jammu and Kashmir witnessed a significant upsurge in employment prospects and economic initiatives over the past couple of years.

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December 08, 2023
Surat shines with world's first jewellery mall
The Business Guardian

Surat shines with world's first jewellery mall

Surat, renowned as India's diamond capital, is set to elevate its status in the global diamond market with the official opening of the Surat Diamond Bourse (SDB).

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December 08, 2023
'Agnipath' scheme to keep armed forces young and tech-savvy
The Business Guardian

'Agnipath' scheme to keep armed forces young and tech-savvy

Indiana Indian Army Chief Gen Manoj Pande hailed the 'Agnipath' scheme as a groundbreaking approach to manpower intake, emphasizing its role in ensuring a youthful profile within the armed forces. Introduced in 2022, the scheme enrols soldiers as 'Agniveers' for a four-year period, allowing them to later transition to civilian jobs while retaining the option to return to military service.

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December 08, 2023
Adani aims for 60% renewable energy supply for Mumbai
The Business Guardian

Adani aims for 60% renewable energy supply for Mumbai

In a significant declaraGautam Adani, the chairman of Adani Group, plans were unveiled to substantially increase Mumbai's reliance on renewable energy. Adani stated via a social media post on X (formerly Twitter) that Adani Electricity is on track to deliver 60% of Mumbai's electricity from renewable sources by 2027, setting a potential global record for a major city.

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December 08, 2023
MAHARASHTRA GOVT SEEKS APPROVAL FOR RS 55,520 CRORE
The Business Guardian

MAHARASHTRA GOVT SEEKS APPROVAL FOR RS 55,520 CRORE

The finance departmentstressed the vitalneed for supplementary funds to sustain ongoing schemes reliant on state treasury support for continued progress and implementation

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December 08, 2023
India's carbon footprint expected to rise 8.2% in 2023
The Business Guardian

India's carbon footprint expected to rise 8.2% in 2023

An international study forecasts an 8.2% surge in carbon emissions for India and a 4% increase for China in 2023. Conducted by a consortium of over 120 scientists, including the University of Exeter, UK, the research highlights a global rise in emissions from coal, oil, and gas by 1.1%, 1.5%, and 0.5%, respectively. Conversely, projections suggest a decline in the EU by 7.4% and the USA by 3%.

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December 08, 2023
Nigeria, Philippines, Argentina eye Indian fighter jets: HAL
The Business Guardian

Nigeria, Philippines, Argentina eye Indian fighter jets: HAL

The Chairman and Managing Director of Hindustan Aeronautics Ltd (HAL), CB Ananthakrishnan, revealed on Wednesday that Nigeria, Philippines, Argentina, and Egypt have expressed keen interest in procuring India's indigenously-developed Tejas Light Combat aircraft. Ananthakrishnan shared that ongoing discussions were underway with these nations regarding potential procurement deals.

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December 08, 2023
FM CALLS DEVELOPED COUNTRIES' MOVE TO LEVY BORDER ADJUSTMENT TAX 'MORALLY WRONG'
The Business Guardian

FM CALLS DEVELOPED COUNTRIES' MOVE TO LEVY BORDER ADJUSTMENT TAX 'MORALLY WRONG'

Sitharaman also lashed out at developed countries' move to levy a border adjustment tax to fund their own green commitments

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December 08, 2023
FORMER EMPLOYEE AND DRIVER FLEE WITH BUSINESSMAN'S BAG CONTAINING RS 8 LAKH
The Business Guardian

FORMER EMPLOYEE AND DRIVER FLEE WITH BUSINESSMAN'S BAG CONTAINING RS 8 LAKH

Mumbai police successfully foiled a plan orchestrated by a former employee and a driver of a paper businessman to abscond with a bag containing nearly Rs 8 lakh last week.

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1 min  |
December 07, 2023
Thane assistant civic commissioners may ensure setting of Marathi signboard order
The Business Guardian

Thane assistant civic commissioners may ensure setting of Marathi signboard order

Thane Municipal Commissioner Abhijit Bangar on Tuesday asked nine assistant civic commissioners to ensure that signboards of shops and other establishments in the city are displayed in the Marathi (Devnagri) script in bold letters as per Maharashtra government rules.

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December 07, 2023