CATEGORIES

CIL'S COAL OUTPUT UP 11.5 PER CENT TO 460 MT TILL NOV' FY2024
The Business Guardian

CIL'S COAL OUTPUT UP 11.5 PER CENT TO 460 MT TILL NOV' FY2024

In the past month, CIL's production increased by 8.7 per cent growth, reaching 66 million tonnes (MT) from 60.7 million tonnes (MT) in the corresponding month of previous fiscal

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1 min  |
December 02, 2023
RS 9,760 CRORE WORTH OF RS 2,000 NOTES STILL IN CIRCULATION
The Business Guardian

RS 9,760 CRORE WORTH OF RS 2,000 NOTES STILL IN CIRCULATION

From Rs 3.56 lakh crore to just Rs 9,760 crore, the circulation of Rs 2,000 banknotes plummeted after the May 19, 2023 withdrawal, yet they retain legal tender status.

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2 mins  |
December 02, 2023
Universities revving up for 6G
The Business Guardian

Universities revving up for 6G

The Department of Telecommunications (DoT) has recently initiated steps to prepare the Indian education system for the upcoming era of 6G technology.

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1 min  |
December 02, 2023
UPI transactions hit new high of Rs 17.4 trillion
The Business Guardian

UPI transactions hit new high of Rs 17.4 trillion

In November, the Unified Payment Interface (UPI) in India surged to a new pinnacle in terms of transaction value, hitting Rs 17.4 trillion, marking a 1.4% increase from October’s Rs 17.16 trillion.

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2 mins  |
December 02, 2023
India's forex reserves surge by $2.538 billion to $597.935 billion
The Business Guardian

India's forex reserves surge by $2.538 billion to $597.935 billion

India’s foreign exchange reserves increased USD 2.538 billion to USD 597.935 billion for the week ended November 24, the Reserve Bank said on Friday.

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1 min  |
December 02, 2023
Industry steps up to support India's low-carbon future
The Business Guardian

Industry steps up to support India's low-carbon future

The Climate Finance Leadership Initiative India (CFLI India) revealed a groundbreaking financial initiative aimed at channelling over $6.5 billion to bolster India’s transition towards low-carbon and climate-resilient development.

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2 mins  |
December 02, 2023
Foreign investors flock to Indian bonds, reached a 6-year high
The Business Guardian

Foreign investors flock to Indian bonds, reached a 6-year high

Foreign investment in Indian government bonds soared in November, reaching its highest level in six years ahead of their inclusion in JPMorgan’s emerging market index next year.

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2 mins  |
December 02, 2023
ATF PRICE CUT BY 4.6 PER CENT, COMMERCIAL LPG HIKED BY RS 21
The Business Guardian

ATF PRICE CUT BY 4.6 PER CENT, COMMERCIAL LPG HIKED BY RS 21

Earlier in October, the windfall tax on crude oil had been raised to Rs 9,800 per tonne from Rs 9,050. Notably, the windfall tax on aviation turbine fuel, previously at Rs 1 per litre, was removed at that time.

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2 mins  |
December 02, 2023
2 held with mephedrone worth Rs 10.9 lakh in Navi Mumbai
The Business Guardian

2 held with mephedrone worth Rs 10.9 lakh in Navi Mumbai

The Navi Mumbai police have arrested two persons after seizing mephedrone, a banned drug, worth Rs 10.90 lakh from their possession, an official said on Thursday.

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1 min  |
December 01, 2023
7 bodies recovered from fire-hit chemical unit in Surat
The Business Guardian

7 bodies recovered from fire-hit chemical unit in Surat

A day after Lengulfed manufacturing a major fire a chemical facility in Gujarat's Surat city, bodies of seven missing workers were recovered from the premises in the early hours of Thursday, officials said.

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1 min  |
December 01, 2023
ELGAR PARISHAD CASE: NIA OPPOSES ACTIVIST SHOMA KANTI SEN'S MEDICAL BAIL PLEA IN SC
The Business Guardian

ELGAR PARISHAD CASE: NIA OPPOSES ACTIVIST SHOMA KANTI SEN'S MEDICAL BAIL PLEA IN SC

The NIA Thursday strongly opposed Elgar Parishad-Maoist links case accused Shoma Kanti Sen's plea seeking interim bail on health grounds, saying she was suffering from general ailments and there was nothing special about it.

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2 mins  |
December 01, 2023
BOMBAY HIGH COURT: TENANTS' LIMITED RIGHT TO SEEK BUILDING REPAIR CANNOT BE OBLITERATE LANDLORD'S RIGHT TO REDEVELOP IT
The Business Guardian

BOMBAY HIGH COURT: TENANTS' LIMITED RIGHT TO SEEK BUILDING REPAIR CANNOT BE OBLITERATE LANDLORD'S RIGHT TO REDEVELOP IT

The Bombay High Court in the case Anandrao G Pawar v. The Municipal Corporation of Greater Mumbai and Ors., observed and has held that the tenants cannot stretch their limited right to reconstruct or repair a dilapidated building in order to obstruct the property owner or the landlord from redeveloping his property.

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2 mins  |
December 01, 2023
India-UN development p'ship fund spurs 76 projects in 54 global south nations: UNGA Prez
The Business Guardian

India-UN development p'ship fund spurs 76 projects in 54 global south nations: UNGA Prez

United Nations General Assembly President Dennis Francis has congratulated India and the United Nations Office for South-South Cooperation for six years of collaborative partnership.

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3 mins  |
December 01, 2023
How Indian techies will benefit from US H-1B renewal pilot programme
The Business Guardian

How Indian techies will benefit from US H-1B renewal pilot programme

In a move designed to streamline visa processes for a substantial number of Indian tech workers, the United States is set to launch a pilot program in December for the domestic renewal of specific categories of H-1B visas.

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2 mins  |
December 01, 2023
SBP ANNOUNCES EXTENSION OF $3B SAUDI DEPOSIT FOR ANOTHER YEAR
The Business Guardian

SBP ANNOUNCES EXTENSION OF $3B SAUDI DEPOSIT FOR ANOTHER YEAR

The Kingdom of Saudi Arabia extends term for a USD 3 billion deposit placed with Pakistan to support Pakistan's economy

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2 mins  |
December 01, 2023
Bumper stock mkt debut for Tata Technologies
The Business Guardian

Bumper stock mkt debut for Tata Technologies

In a historic return to the initial public offering (IPO) arena, Tata Technologies, a prominent Tata Group entity, made an exceptional stock market debut on Thursday, leaving investors jubilant with a staggering 140 percent premium over its issue price. This IPO marks a significant milestone as the first public offering by a Tata Group company in two decades, with Tata Consultancy Services being the last to go public back in 2004.

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December 01, 2023
Netflix to bring GTA Trilogy on its mobile application
The Business Guardian

Netflix to bring GTA Trilogy on its mobile application

Netflix has announced that the Grand Theft Auto Trilogy- The Definitive Edition will be available for playing on Netflix mobile app on iOS and Android devices from 14 December.

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1 min  |
December 01, 2023
Whirlpool plans to sell 24 per cent ownership in India biz
The Business Guardian

Whirlpool plans to sell 24 per cent ownership in India biz

In a recent regulatory filing, leading American home appliances manufacturer, Whirlpool Corporation, has revealed its intention to sell up to a 24% stake in its Indian subsidiary, Whirlpool of India Ltd, in 2024. The move is part of the company's strategic initiative to raise funds for debt reduction and enhance its overall financial standing.

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1 min  |
December 01, 2023
BAIN & COMPANY PREDICTS DOUBLING OF RETAIL BROKING REVENUES IN 5 YRS
The Business Guardian

BAIN & COMPANY PREDICTS DOUBLING OF RETAIL BROKING REVENUES IN 5 YRS

Indian retail brokerage industry's revenues have already doubled Rs 14k crore in FY19 to Rs 27,000 crore last fiscal-an annualised growth of 17 percent.

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2 mins  |
December 01, 2023
Tata power to expand Kanpur's EV charging infrastructure
The Business Guardian

Tata power to expand Kanpur's EV charging infrastructure

In a groundbreaking iniCharging Solutions Ltd (TPEVCSL), a subsidiary of Tata Power Group, has joined hands with the Kanpur Municipal Corporation to introduce 12 electric vehicle (EV) charging stations across strategic locations in Kanpur.

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1 min  |
December 01, 2023
Chennai's infrastructure development drives progress
The Business Guardian

Chennai's infrastructure development drives progress

Chennai is undergoing a Chennai mation as authorities execute a range of innovative projects aimed at reshaping the city under the Smart Cities Mission.

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1 min  |
December 01, 2023
Tripura expands palm oil cultivation to 7,000 hectares
The Business Guardian

Tripura expands palm oil cultivation to 7,000 hectares

In a strategic move toward agricultural expansion, the Tripura government has set an ambitious target of cultivating 7000 hectares of land for palm oil by the financial year 2026-27, according to a statement by Agriculture Minister Ratan Lal Nath.

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1 min  |
December 01, 2023
58 HOMES ABOVE RS 40 CR SOLD IN INDIA IN 2023
The Business Guardian

58 HOMES ABOVE RS 40 CR SOLD IN INDIA IN 2023

Mumbai led the luxury real estate market, claiming a 91% share in deals for properties priced over Rs 40 crore, followed by Delhi-NCR and Hyderabad with notable transactions

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2 mins  |
December 01, 2023
India emerges as top destination for destination weddings
The Business Guardian

India emerges as top destination for destination weddings

The concept of destination weddings has gained tremendous traction as an appealing choice for couples seeking a unique and memorable celebration.

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2 mins  |
December 01, 2023
India prioritizes public stockholding resolution in WTO talks
The Business Guardian

India prioritizes public stockholding resolution in WTO talks

India reinforced its stance during a mini-ministerial virtual meeting among 28 WTO member countries on November 28, clearly stating its refusal to engage in discussions about any new agricultural issues until a permanent solution is achieved concerning public stockholding of food grains.

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1 min  |
December 01, 2023
India's core sector growth surges to 12.1 per cent
The Business Guardian

India's core sector growth surges to 12.1 per cent

India's eight key infrastructure industries experienced a robust growth of 12.1 percent in October, as reported by the Ministry of Commerce and Industry on November 30. This growth significantly surpassed the 8.1 percent recorded in September, a figure later revised to 9.2 percent by the commerce ministry.

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December 01, 2023
India's fiscal deficit reaches 45% of annual target
The Business Guardian

India's fiscal deficit reaches 45% of annual target

Data released by the Controller General of Accounts reveals that India's fiscal deficit for April-October surged to Rs 8.04 lakh crore, marking an increase from Rs 7.02 lakh crore recorded in April-September. This substantial deficit accounts for 45.0 percent of the full-year target of Rs 17.87 lakh crore.

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2 mins  |
December 01, 2023
INDIA'S Q2FY24 GDP GROWTH POSTS RESILIENT 7.6% JUMP LED BY MANUFACTURING UPTICK
The Business Guardian

INDIA'S Q2FY24 GDP GROWTH POSTS RESILIENT 7.6% JUMP LED BY MANUFACTURING UPTICK

The GDP growth for the September quarter showed a mild easing from 7.8% in Q1 FY2024.

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3 mins  |
December 01, 2023
Indian Stock Markets Soar To $4 Trillion Mark
The Business Guardian

Indian Stock Markets Soar To $4 Trillion Mark

India’s stock markets recently achieved a historic milestone, surpassing the $4 trillion market capitalization mark for the first time in its history.

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2 mins  |
November 30, 2023
NCP's Ajit Pawar faction claims Maval LS seat; Shiv Sena MP asserts CM's approval
The Business Guardian

NCP's Ajit Pawar faction claims Maval LS seat; Shiv Sena MP asserts CM's approval

In a notable development within Maharashtra’s Mahayuti coalition, the Ajit Pawar-led faction of the Nationalist Congress Party (NCP) has asserted its claim to the Maval Lok Sabha seat, currently held by Shiv Sena MP Shrirang Barne.

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1 min  |
November 30, 2023