CATEGORIES

J-K: ARMY ON HIGH ALERT ALONG LOC IN SUNDERBANI AHEAD OF I-DAY
The Business Guardian

J-K: ARMY ON HIGH ALERT ALONG LOC IN SUNDERBANI AHEAD OF I-DAY

The Indian Army has been placed on high alert along the Line of Control (LoC) in the remote region of Sunderbani in the Rajouri district of Jammu and Kashmir ahead of Independence Day to ensure the safety and security of people.

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1 min  |
August 13, 2024
DIRECT TAX COLLECTIONS 24% HIGHER AT RS 8.1 LAKH CRORE
The Business Guardian

DIRECT TAX COLLECTIONS 24% HIGHER AT RS 8.1 LAKH CRORE

The gross direct tax collections by the government so far in 2024-15 were 24 per cent higher on a yearly basis at Rs 8.13 lakh crore, data released by the Central Board of Direct Taxes (CBDT) showed on Monday. During the same period last year, the gross tax collections were Rs 6.55 lakh crore.

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1 min  |
August 13, 2024
Odisha rice scientists excited as PM dedicates three varieties developed by them to nation
The Business Guardian

Odisha rice scientists excited as PM dedicates three varieties developed by them to nation

Scientists at the National Rice Research Institution (NRRI) here are excited as Prime Minister Narendra Modi on Sunday dedicated three rice varieties developed by them to the nation.

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1 min  |
August 13, 2024
Merchandise exports to hit USD 111.7 bn, non-oil exports at USD 89.8 bn in Q2 FY25
The Business Guardian

Merchandise exports to hit USD 111.7 bn, non-oil exports at USD 89.8 bn in Q2 FY25

The Export-Import Bank of India (India Exim Bank) has projected that the country's total merchandise exports are expected to reach USD 111.7 billion, marking a year-on-year (yo-y) growth of 4.2 per cent and non-oil exports are anticipated to amount to USD 89.8 billion, reflecting a y-o-y growth of 6.26 per cent in the second quarter (July-September) of the fiscal year 2025.

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1 min  |
August 13, 2024
HOME LOANS OF UP TO RS 15 CRORES ON BAJAJ MARKETS
The Business Guardian

HOME LOANS OF UP TO RS 15 CRORES ON BAJAJ MARKETS

Bajaj Markets, a digital financial marketplace, facilitates easy access to home loans of up to Rs 15 Crores at interest rates starting from 8.50 per cent p.a.

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2 mins  |
August 13, 2024
SBI GENERAL INSURANCE SURGES AHEAD WITH A 32 PER CENT GROWTH IN Q1 FY24-25
The Business Guardian

SBI GENERAL INSURANCE SURGES AHEAD WITH A 32 PER CENT GROWTH IN Q1 FY24-25

SBI General Insurance, one of India's leading General Insurance companies, has reported a robust growth of 32% in the first quarter of FY 24-25, resulting in a Gross Direct Premium (GDP) of INR 2,603 crore.

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2 mins  |
August 13, 2024
Eco Recycling Reports 98 per cent Surge in Standalone Q1 FY25 Profit
The Business Guardian

Eco Recycling Reports 98 per cent Surge in Standalone Q1 FY25 Profit

Eco Recycling Limited (BSE: ECORECO), India's first and one of the leading professional E-waste Management Company today announced its Unaudited financial results for the Quarter ended 31st June 2024 (Q1 FY25) Commenting on the performance, B K Soni, Chairman & Managing Director of Eco Recycling Limited said, \"Our performance this quarter is an outcome of the acceptance of responsible recycling and stricter implementation of the Rules.

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1 min  |
August 13, 2024
Centre notifies gas prices for new wells at 20 per cent premium versus 10% earlier
The Business Guardian

Centre notifies gas prices for new wells at 20 per cent premium versus 10% earlier

Petroleum and natural gas ministry has notified the allocation of gas produced from new wells or well interventions from nominated fields of ONGC/OIL at 20 per cent premium over the APM price.

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1 min  |
August 13, 2024
India's retail inflation softens and align with RBI's 4% target
The Business Guardian

India's retail inflation softens and align with RBI's 4% target

Breaching 5 per cent in June, the retail inflation rate in India softened drastically in July.

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2 mins  |
August 13, 2024
'JAI JAWAAN, JAI KISAAN, JAI VIGYAAN, JAI ANUSANDHAN', SAYS PM MODI TO FARMERS
The Business Guardian

'JAI JAWAAN, JAI KISAAN, JAI VIGYAAN, JAI ANUSANDHAN', SAYS PM MODI TO FARMERS

In an interaction at the Indian Council of Agricultural Research (ICAR) PUSA, Prime Minister Narendra Modi connected with farmers, showcasing his unwavering commitment to the agricultural community.

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2 mins  |
August 13, 2024
Sisodia to chair meeting of AAP leaders over preparations for Assembly elections
The Business Guardian

Sisodia to chair meeting of AAP leaders over preparations for Assembly elections

Former Delhi Deputy Chief Minister Manish Sisodia will chair a meeting of senior leaders of the Aam Aadmi Party (AAP) on Sunday over the preparations for the Delhi Assembly elections.

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1 min  |
August 12, 2024
The Business Guardian

TRAFFIC CRAWLS IN DELHI AFTER DOWNPOUR, 47 WATERLOGGING COMPLAINTS REPORTED

Heavy rain in the national capital on Sunday led to traffic snarls in several areas as Delhiites reported 47 incidents of waterlogging across the city.

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2 mins  |
August 12, 2024
'BJP will not win even a single seat in upcoming Delhi elections...'
The Business Guardian

'BJP will not win even a single seat in upcoming Delhi elections...'

Delhi Minister and Aam Aadmi Party leader Saurabh Bharadwaj on Sunday said that AAP will deliberate on the upcoming assembly elections in Delhi in the meeting at AAP leader Manish Sisodia’s residence, adding that the BJP will not win even a single seat in the upcoming elections.

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1 min  |
August 12, 2024
GAUHATI HIGH COURT: PURCHASER CANNOT BE PUNISHED FOR FAILURE OF SELLER TO DEPOSIT TAX
The Business Guardian

GAUHATI HIGH COURT: PURCHASER CANNOT BE PUNISHED FOR FAILURE OF SELLER TO DEPOSIT TAX

The Gauhati High Court in the case National Plasto Moulding Versus State Of Assam observed and has held that a purchasing dealer cannot be punished for the act of the selling dealer in case wherein the selling dealer had failed to deposit the tax which is being collected by it.

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2 mins  |
August 12, 2024
Delhi High Court: Revenue Department Cannot Take Fresh Ground Which Was Not Disclosed To Taxpayer, While Passing Re-assessment Under Section 148A(D)
The Business Guardian

Delhi High Court: Revenue Department Cannot Take Fresh Ground Which Was Not Disclosed To Taxpayer, While Passing Re-assessment Under Section 148A(D)

The Delhi High Court in the case Tosca Master vs. Deputy CIT observed and has found major flaw in the fundamental premise of the Revenue Department that the investment made by the taxpayer in shares amounted to ‘income’ which has escaped assessment.

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2 mins  |
August 12, 2024
The Business Guardian

Allahabad High Court Rejects PIL Seeking Clarification From UP Government That It Is Not Working Under BJP's Command

The Supreme Court in the case Manjesh Kumar Yadav vs. State of U.P. and 3 others observed and has dismissed the Public Interest Litigation, PIL petition filed seeking a direction to the state government to clarify that it not working under the commands of the Bharatiya Janata Party, BJP.

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1 min  |
August 12, 2024
Declining bank deposits raise concerns about NBFC's fundraising capacity: Report
The Business Guardian

Declining bank deposits raise concerns about NBFC's fundraising capacity: Report

Amid the concerns of declining deposits at banks, CareEdge Ratings anticipated that the credit-deposit ratios may pose a concern to the Non-Banking Financial Companies (NBFCs).

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1 min  |
August 12, 2024
SEIL to boost Andhra power supply with new unit
The Business Guardian

SEIL to boost Andhra power supply with new unit

Oman-based Tanweer Infrastructure Pte Ltd, which operates one of India’s largest independent power plants in Andhra Pradesh, is set to enhance the state’s power supply.

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1 min  |
August 12, 2024
RBI EXPECTED TO BEGIN RATE CUTS IN OCTOBER: CRISIL
The Business Guardian

RBI EXPECTED TO BEGIN RATE CUTS IN OCTOBER: CRISIL

The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that external factors like weather conditions and international commodity prices do not cause any disruptions, the credit rating agency, Crisil said in its report.

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2 mins  |
August 12, 2024
A major shift in consumer preferences towards larger homes': Anarock report
The Business Guardian

A major shift in consumer preferences towards larger homes': Anarock report

The average flat sizes in India’s top seven cities have surged by 32 per cent over the past five years, with the National Capital Region (NCR) witnessing a significant 96 per cent growth, the Anarock Group said in the latest report.

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2 mins  |
August 12, 2024
Kriti Nutrients' launch new campaign
The Business Guardian

Kriti Nutrients' launch new campaign

As we navigate the aisles of life, we often overlook the unsung heroes who make our daily experiences a little brighter.

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2 mins  |
August 12, 2024
GLOBAL M&A TRANSACTION VALUE RISES IN H1 2024 DESPITE DECLINE IN DEAL VOLUMES: S&P GLOBAL
The Business Guardian

GLOBAL M&A TRANSACTION VALUE RISES IN H1 2024 DESPITE DECLINE IN DEAL VOLUMES: S&P GLOBAL

Global mergers and acquisitions (M&A) have seen a notable increase in total transaction value during the first half of 2024, despite a decrease in deal volumes, according to S&P Global Market Intelligence's second quarter (Q2) 2024 Global M&A and Equity Offerings Report.

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1 min  |
August 12, 2024
IYDF and Home Kreations Join Forces to Illuminate the Lives of Orphanage Children
The Business Guardian

IYDF and Home Kreations Join Forces to Illuminate the Lives of Orphanage Children

In the heart of Kanpur, at the Dada Nagar Pul orphanage, Par Upkari Seva Samiti, the International Youth Development Foundation (IYDF) in collaboration with local business Home Kreations, organized a heartfelt aid event.

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1 min  |
August 12, 2024
Amazon Web Services to expand data center operations
The Business Guardian

Amazon Web Services to expand data center operations

Amazon Web Services is keen on significantly expanding its data centre operations in Telangana, augmenting AI offerings in a big way.

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2 mins  |
August 12, 2024
SEBI CHAIRPERSON MADHABI BUCH, HUSBAND DENY HINDENBURG ALLEGATIONS
The Business Guardian

SEBI CHAIRPERSON MADHABI BUCH, HUSBAND DENY HINDENBURG ALLEGATIONS

Shortly after US-based short seller Hindenburg Research on August 10 alleged that SEBI Chairperson Madhabi Buch and her husband had stakes in “both the obscure offshore entities used in the Adani money siphoning scandal,” the SEBI Chairperson and her husband issued a joint statement rejecting the allegations.

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2 mins  |
August 12, 2024
Asia's gold inflows reach USD 438 mn in July
The Business Guardian

Asia's gold inflows reach USD 438 mn in July

Asia continued its streak of attracting gold investments, extending its inflow momentum to 17 consecutive months with a USD 438 million influx in July, according to World Gold Council report.

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3 mins  |
August 12, 2024
360 One Wam says its offshore fund had zero investments in Adani shares
The Business Guardian

360 One Wam says its offshore fund had zero investments in Adani shares

In a stock exchange filing on Sunday, 360 One Wam Limited, formerly known as IIFL Wealth Management Limited, said its IPE-Plus Fund 1 had made zero investments in any shares of the Adani Group -- either directly or indirectly.

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3 mins  |
August 12, 2024
Declining bank deposits raise concerns about NBFC's fund raising capacity
The Business Guardian

Declining bank deposits raise concerns about NBFC's fund raising capacity

Amid the concerns of declining deposits at banks, CareEdge Ratings anticipated that the credit deposit ratios may pose a concern to the Non-Banking Financial Companies (NBFCs).

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2 mins  |
August 12, 2024
RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil
The Business Guardian

RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil

The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that external factors like weather conditions and international commodity prices do not cause any disruptions, the credit rating agency, Crisil said in its report.

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2 mins  |
August 12, 2024
109 HIGH YIELDING SEEDS UNVEILED BY PM MODI
The Business Guardian

109 HIGH YIELDING SEEDS UNVEILED BY PM MODI

Prime Minister Narendra Modi on Sunday released 109 high-yielding, climate-resilient, and biofortified varieties of crops at the Indian Agricultural Research Institute (IARI) in New Delhi.

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2 mins  |
August 12, 2024