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2,500 general railway coaches in production, approval granted for 10,000 more, Vaishnaw
The Business Guardian

2,500 general railway coaches in production, approval granted for 10,000 more, Vaishnaw

On Friday, Railway Minister Ashwini Vaishnaw announced a significant initiative by the central government aimed at augmenting the railway infrastructure across India.

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July 06, 2024
Wages rise in manufacturing as labour shortage bites
The Business Guardian

Wages rise in manufacturing as labour shortage bites

Industry leaders have recently highlighted a growing challenge in finding skilled labour, with tens of thousands of job vacancies remaining unfilled.

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2 mins  |
July 06, 2024
80% of developers forecast rise in NRI housing demand for 2024
The Business Guardian

80% of developers forecast rise in NRI housing demand for 2024

A recent survey indicates that up to 80% of developers anticipate a significant increase in home purchases by non-resident Indians (NRIs) in 2024.

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1 min  |
July 06, 2024
Rajnath Singh reports 16.8% surge in India's defence manufacturing for FY24
The Business Guardian

Rajnath Singh reports 16.8% surge in India's defence manufacturing for FY24

Defence Minister Rajnath Singh announced on Friday that India’s defence manufacturing sector experienced a significant surge, with an increase of 16.8% in the fiscal year 2023-24.

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2 mins  |
July 06, 2024
BUDGET WATCH: SITHARAMAN EXPECTED TO TACKLE BANKING AND INSURANCE REFORMS
The Business Guardian

BUDGET WATCH: SITHARAMAN EXPECTED TO TACKLE BANKING AND INSURANCE REFORMS

During the Budget 2021-22, Sitharaman announced PSB privatisation plans, but IDBI Bank's disinvestment remains ongoing, with no immediate further announcements expected despite the government's earlier intentions.

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July 06, 2024
LNG imports to slump as monsoon reduces power demand: S&P Analyst
The Business Guardian

LNG imports to slump as monsoon reduces power demand: S&P Analyst

India’s robust liquefied natural gas (LNG) imports are expected to decrease due to cooler weather caused by monsoon rains, which reduces electricity demand.

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1 min  |
July 05, 2024
MLC reduces LoP Danve's suspension to 3 days
The Business Guardian

MLC reduces LoP Danve's suspension to 3 days

The Maharashtra legislative council on Thursday reduced Leader of Opposition Ambadas Danve’s suspension period from five days to three, paving the way for him to participate in the House proceedings from Friday.

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1 min  |
July 05, 2024
OPEN-TOP BUS FOR TEAM INDIA'S VICTORY PARADE REACHES MUMBAI'S MARINE DRIVE
The Business Guardian

OPEN-TOP BUS FOR TEAM INDIA'S VICTORY PARADE REACHES MUMBAI'S MARINE DRIVE

Team India will celebrate the World Cup victory with fans in an open-top bus in Mumbai and the special vehicle, painted in colours of Team India, has reached Marine Drive in the city ahead of team’s arrival from Delhi.

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2 mins  |
July 05, 2024
SUPREME COURT: PIL FILED SEEKING ACTION AGAINST NEGLIGENT AUTHORITIES | HATHRAS STAMPEDE
The Business Guardian

SUPREME COURT: PIL FILED SEEKING ACTION AGAINST NEGLIGENT AUTHORITIES | HATHRAS STAMPEDE

The Supreme Court in the case Vishal Tiwari v. Union of India and Others observed with respect to Hathras Stampede Incident, which occurred on July 02, 2024 wherein the Public Interest Litigation, PIL is filed before the Supreme Court to appoint a five-member expert committee under the supervision of a retired Supreme Court judge for enquiry.

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July 05, 2024
SILVER CONSUMER ELECTRICALS EYES EXPLOSIVE GROWTH (RS 3,600 CR VALUATION)
The Business Guardian

SILVER CONSUMER ELECTRICALS EYES EXPLOSIVE GROWTH (RS 3,600 CR VALUATION)

Silver’s ten-fold growth over five years stems from strategic innovation, full backward integration, and robust R&D, positioning it as a global leader in consumer electricals

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1 min  |
July 05, 2024
INDIA'S HOPES FOR TESLA INVESTMENT COOL AS ELON MUSK CEASES CONTACT
The Business Guardian

INDIA'S HOPES FOR TESLA INVESTMENT COOL AS ELON MUSK CEASES CONTACT

The government is given to understand that Tesla has capital issues and doesn’t plan on pledging fresh investment into India in the near future

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1 min  |
July 05, 2024
AT SCO SUMMIT, PM MODI'S SPEECH TAKES A VEILED SWIPE AT CHINA, PAKISTAN
The Business Guardian

AT SCO SUMMIT, PM MODI'S SPEECH TAKES A VEILED SWIPE AT CHINA, PAKISTAN

The speech stressed the need for respect for sovereignty and territorial integrity, non-interference in internal affairs

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2 mins  |
July 05, 2024
Sebi mandates institutional mechanism for fraud prevention in stock broking
The Business Guardian

Sebi mandates institutional mechanism for fraud prevention in stock broking

On Thursday, SEBI issued a circular mandating that stock brokers establish an institutional mechanism to prevent and detect fraud or market abuse, aiming to protect investors’ interests in the securities market.

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1 min  |
July 05, 2024
"Make in India" defence gets a shot in the arm with Rs 300 Cr fund
The Business Guardian

"Make in India" defence gets a shot in the arm with Rs 300 Cr fund

The Ministry of Defence has allocated more than Rs 300 crore through its Technology Development Fund (TDF) to bolster capabilities in advanced technology and promote selfreliance (‘Aatmanirbharta’) in the defence sector, according to an official statement released on Thursday.

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2 mins  |
July 05, 2024
Bajaj Auto to launch world's first CNG bike 'Freedom 125' today
The Business Guardian

Bajaj Auto to launch world's first CNG bike 'Freedom 125' today

Pune-based two-wheeler giant Bajaj Auto is poised to introduce the world’s first CNG-powered motorcycle on Friday, with Union Minister of Road Transport and Highways Nitin Gadkari scheduled to attend the launch event in Pune.

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2 mins  |
July 05, 2024
Indian markets soar to new records, Sensex at 80,322, Nifty at 24,369
The Business Guardian

Indian markets soar to new records, Sensex at 80,322, Nifty at 24,369

Indian markets achieved new historic highs on Thursday, with major indices reaching record levels during the opening session.

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July 05, 2024
FII/DII lift markets to new highs, retail investors advised caution
The Business Guardian

FII/DII lift markets to new highs, retail investors advised caution

The Indian stock market has been experiencing a robust bull run, largely supported by domestic investors, according to data from the National Stock Exchange (NSE).

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2 mins  |
July 05, 2024
Union Minister Jitendra Singh announces results of AustraliaIndia strategic research fund
The Business Guardian

Union Minister Jitendra Singh announces results of AustraliaIndia strategic research fund

Union Minister Dr. Jitendra Singh unveiled the results of the 15th round of the Australia-India Strategic Research Fund (AISRF).

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2 mins  |
July 05, 2024
FCI BOOSTS WHEAT RESERVES BY 4 LAKH MT IN 2024-25
The Business Guardian

FCI BOOSTS WHEAT RESERVES BY 4 LAKH MT IN 2024-25

The Ministry of Consumer Affairs, Food & Public Distribution highlighted that over 22 lakh farmers benefited from this year’s wheat procurement

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2 mins  |
July 05, 2024
Supreme Court bench led by CJI DY Chandrachud to hear NEET-UG petitions on July 8
The Business Guardian

Supreme Court bench led by CJI DY Chandrachud to hear NEET-UG petitions on July 8

The Supreme Court in the case Vanshika Yadav vs. Union Of India and connected Matters will hear the petitions filed challenging the alleged malpractices and irregularities in the NEETUG 2024 Examination conducted by the National Testing Agency, NTA on July 08, 2024.

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2 mins  |
July 04, 2024
Rahul Gandhi, Sharad Pawar strategise to strengthen I.N.D.I.A. bloc
The Business Guardian

Rahul Gandhi, Sharad Pawar strategise to strengthen I.N.D.I.A. bloc

In a significant political development, Congress leader Rahul Gandhi met with NCP chief Sharad Pawar and other opposition figures from Maharashtra on Tuesday.

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1 min  |
July 04, 2024
STATE ECONOMY STRONG, MAHARASHTRA LEADS IN FOREIGN INVESTMENT: CM SHINDE
The Business Guardian

STATE ECONOMY STRONG, MAHARASHTRA LEADS IN FOREIGN INVESTMENT: CM SHINDE

Chief Minister Eknath Shinde has highlighted the accomplishments of his government as it marks two years in office.

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2 mins  |
July 04, 2024
DELHI HIGH COURT ISSUES NOTICE TO CBI ON CHIEF MINISTER ARVIND KEJRIWAL'S PLEA CHALLENGING HIS ARREST IN LIQUOR POLICY CASE
The Business Guardian

DELHI HIGH COURT ISSUES NOTICE TO CBI ON CHIEF MINISTER ARVIND KEJRIWAL'S PLEA CHALLENGING HIS ARREST IN LIQUOR POLICY CASE

The Delhi High Court in the case Arvind Kejriwal v. CBI observed and has issued notice on the petition filed by Chief Minister Arvind Kejriwal challenging his arrest as well as Central Bureau of Investigation, CBI remand of three days in the corruption case which relates to the alleged liquor policy scam.

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2 mins  |
July 04, 2024
Biden admits nearly falling asleep during debate after travel
The Business Guardian

Biden admits nearly falling asleep during debate after travel

U.S. President Joe Biden on Tuesday acknowledged his performance during the June 27 presidential debate wasn’t his best, but blamed it on jet lag after two overseas trips earlier in June.

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1 min  |
July 04, 2024
JAKSON GREEN PARTNERS WITH NHPC FOR 400 MW SOLAR POWER SUPPLY
The Business Guardian

JAKSON GREEN PARTNERS WITH NHPC FOR 400 MW SOLAR POWER SUPPLY

New energy transition platform Jakson Green on Wednesday said it has inked a pact with state-owned NHPC for the supply of 400 MW solar power

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1 min  |
July 04, 2024
TAIWAN ACCUSES CHINA OF ELECTION INTERFERENCE AND MEDIA MANIPULATION
The Business Guardian

TAIWAN ACCUSES CHINA OF ELECTION INTERFERENCE AND MEDIA MANIPULATION

The methods used by China included underground financial institutions demanding confidential military data as a form of debt repayment

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2 mins  |
July 04, 2024
Infosys foundation and ICT academy to skill 48,000 students
The Business Guardian

Infosys foundation and ICT academy to skill 48,000 students

Infosys Foundation, the philanthropic and CSR arm of Infosys Ltd, has partnered with the ICT Academy of Tamil Nadu, a non-profit organization, to skill 48,000 students over three years in various fields.

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1 min  |
July 04, 2024
Revanth Reddy extends invitation to Chandrababu Naidu for meeting on July 6 following his proposal
The Business Guardian

Revanth Reddy extends invitation to Chandrababu Naidu for meeting on July 6 following his proposal

Telangana Chief Minister A. Revanth Reddy has warmly embraced the proposal put forth by his Andhra Pradesh counterpart, N. Chandrababu Naidu, for a face-to-face meeting aimed at resolving longstanding issues arising from the bifurcation of the two Teluguspeaking states.

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July 04, 2024
JAISHANKAR TO STAND IN FOR MODI AT SCO SUMMIT IN KAZAKHSTAN
The Business Guardian

JAISHANKAR TO STAND IN FOR MODI AT SCO SUMMIT IN KAZAKHSTAN

Chinese President Xi Jinping visits Astana for bilateral talks ahead of SCO summit; Jaishankar engages in strategic discussions with Kazakh officials, SCO summit to review 20 years of activities and discuss global issues.

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1 min  |
July 04, 2024
Warehouses in high demand, realty investments hit 3-year peak at $2.5 billion
The Business Guardian

Warehouses in high demand, realty investments hit 3-year peak at $2.5 billion

Investment in Indian real estate has reached unprecedented heights, with $2.5 billion poured into the sector in the second quarter of 2024.

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2 mins  |
July 04, 2024