CATEGORIES

The Business Guardian

India needs estimated 1016 cr litres ethanol to meet 20% blending targets

The National Policy of Biofuels-2018 T notified on 4th June, 2018 provided indicative targets of 20 per cent ethanol blending in petrol and 5 per cent biodiesel blending in diesel by 2030.

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2 mins  |
December 06, 2023
UGROW capital, Laghu Udyog Bharati to educate MSMEs on digital credit
The Business Guardian

UGROW capital, Laghu Udyog Bharati to educate MSMEs on digital credit

In a move to empower Inital, a datatech non-banking finance company focused on MSME lending, has in collaboration with Laghu Udyog Bharati launched an awareness campaign designed to empower India's microenterprises with knowledge about government schemes, digital credit, and strategies for success in today's ever-evolving business landscape.

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1 min  |
December 06, 2023
The Business Guardian

India's services sector growth in Nov'23 slips to year low on weak new orders

The overall rate of growth of India’s services sector softened in November 2023 to reach its weakest since November 2022, as growth in for total new orders lost momentum.

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3 mins  |
December 06, 2023
INDIA TO GROW AT 7.0% IN 2026, WILL BE WORLD'S THIRD-LARGEST ECONOMY BY 2030: S&P
The Business Guardian

INDIA TO GROW AT 7.0% IN 2026, WILL BE WORLD'S THIRD-LARGEST ECONOMY BY 2030: S&P

It expects India GDP at 6.4 per cent in 2024 and the country’s ability to unlock the ‘immense opportunity’ and become the next big global manufacturing hub as a major test for the country’s leap into the position of the third-largest economy globally by 2030

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2 mins  |
December 06, 2023
MP criticizes Mumbai traffic police, unearths Rs 16,900 pending fines against himself
The Business Guardian

MP criticizes Mumbai traffic police, unearths Rs 16,900 pending fines against himself

Nationalist Congress Party (NCP) MP Amol Kolhe launched a scathing rebuke against the Mumbai Traffic Police, alleging harassment and dubious fine collection practices.

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1 min  |
December 05, 2023
Gujarat: 3 weeks on run, man who posed as fake CMO official nabbed
The Business Guardian

Gujarat: 3 weeks on run, man who posed as fake CMO official nabbed

A man, who escaped from police custody after being arrested for posing as an official of the Gujarat chief minister's office and raping a woman, was apprehended near the Assam-Mizoram border, police said on Monday. The police arrested the accused conman Viraj Patel from near the Assam-Mizoram border and brought him to Vadodara on Monday, an official said.

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1 min  |
December 05, 2023
NCB SEIZES 6.9 KGS OF ILLEGAL KHAT LEAVES, YEMENI NATIONAL ARRESTED
The Business Guardian

NCB SEIZES 6.9 KGS OF ILLEGAL KHAT LEAVES, YEMENI NATIONAL ARRESTED

The Narcotics Control Bureau (NCB) busted an international network involved in illicit trafficking of Khat leaves into India, along with seuzure of over 6.9 kilograms of Khat leaves, officials said on Monday.

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1 min  |
December 05, 2023
UNCLE SAM IN WAR OF BEGUMS!
The Business Guardian

UNCLE SAM IN WAR OF BEGUMS!

Why is America interfering in Bangladesh elections and what has Russia objecting?

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3 mins  |
December 05, 2023
WORLD BANK LAUNCHES CLIMATE AND HEALTH INITIATIVE TO AVERT 21 MILLION DEATHS BY 2050
The Business Guardian

WORLD BANK LAUNCHES CLIMATE AND HEALTH INITIATIVE TO AVERT 21 MILLION DEATHS BY 2050

The urgency of addressing five critical health risks-extreme heat, stunting, diarrhoea, malaria, and dengue-is underscored by the World Bank, which warns that these risks could lead to millions of lives lost within the next three decades.

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2 mins  |
December 05, 2023
'Our motto is to mobilise India by making in India, for India and for world'
The Business Guardian

'Our motto is to mobilise India by making in India, for India and for world'

In an exclusive interview with Swarajya, Gunjan Vakharia, Head of Business-Mobility at Siemens Limited, sheds light on Siemens' significant contributions to the development of Indian Railways and its vision for the future. With a presence in India for 150 years, Siemens focuses on addressing the entire railway value chain, providing innovative solutions and supporting the nation's growth.

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2 mins  |
December 05, 2023
Adani's AICTPL sets record handling 300,000 containers in Nov
The Business Guardian

Adani's AICTPL sets record handling 300,000 containers in Nov

Adani International Act Container Terminal Pvt Ltd (AICTPL) has achieved a significant milestone, emerging as the first terminal in India to handle over 300,000 containers in a single month. AICTPL, a joint venture terminal of Adani Ports and Special Economic Zone (APSEZ) located in Mundra, demonstrated its operational prowess by setting a national record.

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1 min  |
December 05, 2023
L&T FINANCE FINALIZES MERGER OF 3 SUBSIDIARIES WITH ITSELF
The Business Guardian

L&T FINANCE FINALIZES MERGER OF 3 SUBSIDIARIES WITH ITSELF

L&T Finance Holdings announced the completion of merger of subsidiaries, L&T Finance (LTF), L&T Infra Credit (LTICL), and L&T Mutual Fund Trustee, with itself.

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1 min  |
December 05, 2023
HP records 33.9% unemployment rate in July-Sept qtr
The Business Guardian

HP records 33.9% unemployment rate in July-Sept qtr

The Periodic Labour Force ed by the National Sample Survey Office (NSSO) has revealed concerning statistics regarding unemployment rates among the age group of 15 to 29 years in various states during the period of July-September 2023.

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1 min  |
December 05, 2023
Kochi metro's pink line gets green light with ₹378 cr boost
The Business Guardian

Kochi metro's pink line gets green light with ₹378 cr boost

The Kerala Government greenlit a substantial amount of Rs 378.57 crore for the second phase of the Kochi Metro Rail Project, a move aimed at advancing the expansion of this transformative transportation initiative.

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1 min  |
December 05, 2023
ONGC'S KG BLOCK OIL GUSHER STARTS IN MAY 2024
The Business Guardian

ONGC'S KG BLOCK OIL GUSHER STARTS IN MAY 2024

Geological complexities and logistical challenges delay KG-DWN-98/2 project

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2 mins  |
December 05, 2023
BJP win in 3 states positive, expected to calm mkt over policy risks: Nomura
The Business Guardian

BJP win in 3 states positive, expected to calm mkt over policy risks: Nomura

India's state election results Lin three key Hindi heartland states - Madhya Pradesh, Rajasthan and Chhattisgarh -- with a decisive win for the ruling Bharatiya Janata Party has come as a positive surprise and is expected to ally market concerns over political risks and fiscal populism at the margin, according to Nomura analysts. The Rating agency notes the BJP's win as an endorsement of Prime Minister Narendra Modi's continued mass appeal, which also reflects the ongoing trend of competitive populism.

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2 mins  |
December 05, 2023
Managed investments set to double, reaching Rs 315 trillion
The Business Guardian

Managed investments set to double, reaching Rs 315 trillion

The Indian corporate bond market is poised for rapid expansion, set to more than double its outstanding size by fiscal 2023, as projected by Crisil Ratings.

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1 min  |
December 05, 2023
28 Crypto/VDA platforms join PMLA regulatory fold
The Business Guardian

28 Crypto/VDA platforms join PMLA regulatory fold

Twenty-eight Virtual Digital Assets (VDA) service providers, including prominent platforms like WazirX, Coin DCX, and Coinswitch, have officially registered themselves with India's Financial Intelligence Unit-India (FIUIND), as per the Finance Ministry's announcement on December 4.

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2 mins  |
December 05, 2023
GST COFFERS OVERFLOWING, AVERAGE MONTHLY MOP-UP HITS RS 1.66 TRILLION
The Business Guardian

GST COFFERS OVERFLOWING, AVERAGE MONTHLY MOP-UP HITS RS 1.66 TRILLION

Yearly GST collections see robust 11% rise, reaching Rs 1.50 lakh crore on average in 2022-23.

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2 mins  |
December 05, 2023
The Business Guardian

Rohit Pawar warns uncle Ajit: 'Target me, but address youth issues'

A day following Maharashtra Deputy Chief Minister Ajit Pawar's mocking remarks about the Yuva Sangharsh Yatra led by opposition MLA and nephew Rohit Pawar, the latter issued a warning.

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1 min  |
December 04, 2023
Goa BJP celebrates as party leads in MP, Rajasthan and Chhattisgarh
The Business Guardian

Goa BJP celebrates as party leads in MP, Rajasthan and Chhattisgarh

Goa BJP workers on Sunday burst firecrackers and distributed sweets as the party was leading in Madhya Pradesh, Rajasthan and Chhattisgarh, according to the latest figures of vote counting in these states.

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1 min  |
December 04, 2023
The Business Guardian

ASSEMBLY POLLS: RESULTS WON'T HAVE IMPACT ON I.N.D.I.A. BLOC, SAYS PAWAR

Nationalist Congress Party chief Sharad Pawar on Sunday said the outcome of the Assembly elections in four states will not have any impact on the I.N.D.I.A. bloc, which comprises more than 25 opposition parties led by the Congress.

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1 min  |
December 04, 2023
DELHI HIGH COURT ORDERED PRESERVATION OF CCTV FOOTAGE; PURDAHNASHIN MUSLIM WOMAN ALLEGED DETENTION INSIDE POLICE STATION
The Business Guardian

DELHI HIGH COURT ORDERED PRESERVATION OF CCTV FOOTAGE; PURDAHNASHIN MUSLIM WOMAN ALLEGED DETENTION INSIDE POLICE STATION

The Delhi High Court in the case Reshma v. The Commissioner Of Police observed and has ordered preservation of CCTV footage of cameras inside and around a police station in the city while dealing with the petition moved by a purdahnashin Muslim woman alleging that she was forcibly taken by the cops from her residence without her veil and was illegal detained in the police station.

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2 mins  |
December 04, 2023
BOMBAY HIGH COURT: ELECTRICITY CONNECTION ON PARTICULAR ADDRESS NOT PROOF OF OWNERSHIP. LEGALITY OF CONSTRUCTION
The Business Guardian

BOMBAY HIGH COURT: ELECTRICITY CONNECTION ON PARTICULAR ADDRESS NOT PROOF OF OWNERSHIP. LEGALITY OF CONSTRUCTION

The Bombay High Court in the case High Court On Its Own Motion v. State of Maharashtra through Principal Secretary and Ors., observed and has held that an electricity bill or connection on a certain address is not proof of ownership or legality of construction.

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2 mins  |
December 04, 2023
The Business Guardian

Haryana BJP celebrates victory surge after impressive state election results

BJP is poised for a hat-trick victory in Haryana, creating historical significance with a resounding triumph in the upcoming assembly elections.

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4 mins  |
December 04, 2023
Himalayas need help, COP28 talks must respond, says U.N. Chief Guterres
The Business Guardian

Himalayas need help, COP28 talks must respond, says U.N. Chief Guterres

Warning of a potential catastrophe in the Himalayas where the glaciers are melting at an alarming rate, UN chief Antonio Guterres on Saturday said the ongoing annual climate talks here must respond to the needs of the developing nations, especially the vulnerable mountain countries that need urgent help.

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3 mins  |
December 04, 2023
IMF ED KV SUBRAMANIAN PRAISES INDIA'S GST REVENUE AND ROBUST GDP GROWTH
The Business Guardian

IMF ED KV SUBRAMANIAN PRAISES INDIA'S GST REVENUE AND ROBUST GDP GROWTH

He highlighted the robust 7.7 per cent GDP growth in the first half of the year, projecting a 7 per cent growth for the entire financial year

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2 mins  |
December 04, 2023
Wipro Consumer Care-Ventures unveils Rs 2.5 billion fund for startups
The Business Guardian

Wipro Consumer Care-Ventures unveils Rs 2.5 billion fund for startups

Wipro Consumer Care Ventures, the venture funding arm of Wipro Consumer Care & Lighting, is set to launch 'Fund II,' a robust Rs 250 crore fund dedicated to investing in and supporting consumer startups in India and Southeast Asia. The focus of Fund II remains on identifying and investing in innovative companies that address consumer needs, emphasizing a commitment to longterm growth and fostering a strong governance mindset.

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1 min  |
December 04, 2023
FINANCIAL MKT INFRA FIRMS POISED FOR STRONG 2024 PERFORMANCE, FITCH RATINGS AFFIRMS
The Business Guardian

FINANCIAL MKT INFRA FIRMS POISED FOR STRONG 2024 PERFORMANCE, FITCH RATINGS AFFIRMS

Fitch emphasizes that fiscal policy's role has been expanding steadily for over a decade, a trend set to continue in 2024

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2 mins  |
December 04, 2023
CM Manik Saha to purchase 40,000 MT paddy from farmers at MSP
The Business Guardian

CM Manik Saha to purchase 40,000 MT paddy from farmers at MSP

The Tripura government set a target purchasing 40,000 metric tons of paddy from farmers at the minimum support price during the kharif season. Paddy will be purchased at the rate of Rs 21.83 per kg, said a press release issued by the government.

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1 min  |
December 04, 2023