The Business Guardian - June 09, 2025

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June 09, 2025

IEA: Economic uncertainty stalls mineral investments

Investment decisions in the global critical minerals sector face significant market and economic uncertainties, despite strong expectations for future demand growth, according to the International Energy Agency (IEA).

2 mins

South Eastern Coalfields Limited Aims to Achieve Net Zero Emissions by 2030

South Eastern Coalfields Limited (SECL) has taken up a major responsibility of becoming net zero by 2030, along with the humongous task of meeting the energy needs of the country by causing least damage to the environment.

1 min

Nifty 500 Rises 3.5% in May, Led by Key Sectors: Motilal Oswal

The Indian equity market witnessed broad-based gains in May, driven by sectoral momentum and a surprise rate cut by the RBI.

1 min

EV Sales Cross 4% in May 2025: FADA

The contribution of electric passenger vehicle (EV) sales crossed 4 per cent in May, compared to 2.6 per cent of the same period of 2024, the data by the Federation of Automobile Dealers Associations (FADA) revealed.

1 min

India's digital forensics to hit $1.39B by FY30

India's digital forensics market is expected to grow more than triple the global average of 11 per cent to hit USD 1.39 billion (Rs 11,829 crore) by the financial year 2029-30, according to a joint report by Deloitte-DSCI.

1 min

Unitech's Crisis Deepens Under Court-Appointed Management as Misgovernance Erodes Rs 40,000 Crore in Asset Value

Homebuyers left in limbo as Unitech's court-appointed management fails to deliver revival

1 min

Karnataka BJP: Bengaluru stadium lacked police protection

Senior Bharatiya Janata Party (BJP) leaders in Karnataka have strongly criticized Chief Minister Siddaramaiah and Deputy Chief Minister DK Shivakumar following the tragic stampede at Bengaluru's Chinnaswamy Stadium, which claimed 11 lives and injured over 30 people.

2 mins

J-K: Indian Army Hosts Gujjar-Bakerwal Mela in Anantnag

The Indian Army, in collaboration with the NGO M3M Foundation, organised the Gujjar-Bakerwal Mela at Aishmuqam in South Kashmir's Anantnag district.

1 min

PM Modi Highlights Women's Success, Govt's Role in Empowerment

PM Modi highlights NDA government's decade-long efforts to empower women across India.

1 min

Poonawalla Hits Back at Rahul Gandhi Over 'Match Fixing' Claims

BJP spokesperson Shehzad Poonawalla has claimed that Leader of Opposition in Lok Sabha and Congress leader Rahul Gandhi's recent statement about Bihar indicates the party's upcoming defeat in the State's Assembly elections set to be held later this year.

1 min

RAILTEL BAGS RS 243 CR WORK ORDER FROM BIHAR GOVT

RailTel has secured major work orders worth over Rs 500 cr for education and traffic management projects in Bihar and Maharashtra.

1 min

Andhra Pradesh signs MoU with Nvidia to boost AI ecosystem development

Andhra Pradesh has signed a Memorandum of Understanding (MoU) with American Technology company, Nvidia Corp to advance growth of the Artificial Intelligence (AI) ecosystem in the state, said Andhra Pradesh Chief Minister N Chandrababu Naidu on Saturday.

1 min

Amazon miniTV Presents: "Lafangey" - Harsh Beniwal Returns with a Bang in a Heartwarming Tale of Friendship and Dreams

Amazon miniTV, the free video streaming service available on the Amazon Shopping App, is all set to launch its much-awaited web series Lafangey on June 6, 2025.

1 min

GIFT City emerging as hub for treasury and commodity trading: EY

GIFT City in Gujarat is increasingly gaining traction for setting up Global or Regional Treasury and Commodity Trading Centres (GRCTCs), due to their lower costs and expanding incentives, as per a report by global accounting firm EY.

1 min

Driving Innovation Underground: The Unintended Consequence of India's Crypto Taxes

India's move to tax the crypto economy was aimed at ushering in transparency and increasing government revenue.

1 min

German Firms Eye India for Tech-Driven Manufacturing Ties

As India is on the brink of becoming the fourth-largest economy in the current fiscal, an increasing number of German companies have ramped up their hunt for Indian partners with the intention of providing future technologies in the manufacturing sector.

1 min

FPIs sold Rs 8,749 cr; buying rebounds

Foreign Portfolio Investors (FPIs) began the first week of June on a weak note in the Indian stock market, with net investments staying in the negative territory.

1 min

EaseMyTrip Rolls Out 'EMT Invest' to Support and Scale Profitable Businesses

Online travel platform EaseMyTrip has launched 'EMT Invest' to partner with profitable, founder-led businesses that are ready to scale.

2 mins

UP govt to set up Rs 125 cr flatted factory in Greater Noida

The Uttar Pradesh government will construct a flatted factory here at a cost of Rs 125 crore to boost the state's MSME sector and strengthen its push toward becoming a USD 1 trillion economy.

1 min

HDFC Bank Trashes Lilavati Trust Allegations Against CEO

HDFC Bank has denied Lilavati Trust's allegation that the bank's MD and CEO Sashidhar Jagdishan was involved in a series of financial frauds.

1 min

Reliance Infra Bets Rs 5,000 Cr on Aircraft Upgrade Venture

Reliance is looking to turbo-charge its defence vertical with a focus on aircraft upgrade programmes, eyeing an opportunity of Rs 5,000 crore over the next 7-10 years, sources said.

1 min

Airtel MD writes to banks, NPCI, RBI to join forces against digital fraud

Telecom operator Airtel has approached over 40 banks, as well as RBI and NPCI, proposing a close collaboration and a unified front to curb digital frauds, including sharing intelligence over a repository of known fraudulent financial domains.

2 mins

BoB Reduces Repo-Linked Interest Rates, Following RBI's Footsteps

Bank of Baroda (Bank), one of India's leading public sector banks, has announced the reduction in its Repo Linked Lending Rate by 50 basis points following the policy rate cut announced by the Reserve Bank of India.

1 min

Cost of home-cooked thalis declines 6% in May: Crisil

In May 2025, the cost of home-cooked vegetarian and non-vegetarian thalis declined by 6 per cent each year-on-year, according to a Crisil report.

1 min

India Is Key Strategic Market For Global Brands, Says Myntra CEO

India is a key strategic market for global brands while domestic brands are strengthening their propositions, Nandita Sinha, CEO of Bengaluru-headquartered Myntra, which launched in Singapore last month, said.

1 min

Adani's cement biz contributes 30% of India's homes infra: Ambuja CEO

Adani Group firm Ambuja Cements -- the second largest cement producer in the country -- contributes to nearly 30 per cent of the cement used for India's homes and infrastructure, the company said in its latest annual report.

1 min

ALIGNING ECONOMIC GROWTH WITH EMPLOYMENT IN INDIA

India's economic growth over the past few decades has been impressive, but the benefits have not reached everyone equally.

3 mins

Understanding the oversight role of UN OIOS and ICC's Institutional resilience

In a significant development for international criminal justice, Karim Khan, the Chief Prosecutor of the International Criminal Court (ICC), has temporarily stepped aside while an investigation by the United Nations Office of Internal Oversight Services (UNOIOS) into allegations of sexual misconduct proceeds.

3 mins

Pawan Kalyan Pays Tribute to Senior BRS Leader Maganti Gopinath

Andhra Pradesh Deputy Chief Minister Pawan Kalyan expressed deep sorrow over the demise of Senior Bharat Rashtra Samiti (BRS) leader and Jubilee Hills MLA Maganti Gopinath, who passed away early Sunday morning at a private hospital in Hyderabad.

1 min

Former Telangana CM KCR, others also pay last respect

Former Chief Minister and Bharat Rashtra Samithi (BRS) President K Chandrashekhar Rao (KCR), Telugu Desam Party (TDP) leader and Andhra Pradesh Minister Nara Lokesh, and BRS leader KT Rama Rao paid their last respects to BRS MLA from Hyderabad's Jubilee Hills, Maganti Gopinath, who passed away following a heart attack.

1 min

'Behaved most irresponsibly': Union Minister Joshi on Bengaluru stampede

Union Minister Pralhad Joshi on Sunday reiterated Union Minister of State Shobha Karandlaje's scathing remark on Karnataka Chief Minister Siddaramaiah and Deputy Chief Minister DK Shivakumar that they had \"blood on their hands\" for their \"irresponsible and insensitive\" handling of the crowd outside Bengaluru's Chinnaswamy Stadium, which led to a stampede that killed 11 people on June 4 during RCB's IPL victory celebrations.

1 min

Maharashtra CM Fadnavis Takes Sharp Jibe at Rahul Gandhi

Fadnavis said, \"Ta-umr Rahul Gandhi aap yahi galti karte rahe, dhool chehre pe thi aur aap aina saaf karte rahe\"

1 min

16 arrests made in illegal cow slaughter cases: Assam CM Sarma

In a post on X, CM Sarma said that while the Constitution guarantees religious freedom, it also upholds the rule of law and public order.

1 min

Karnataka CM, Dy CM took political advantage of RCB's win: BJP MLA Bharath Shetty

BJP MLAs S Suresh Kumar and Bharath Shetty have strongly criticised the Karnataka government over the stampede tragedy outside Chinnaswamy Stadium during RCB cricket team's IPL victory celebrations, which claimed 11 lives.

1 min

Goa Govt Keeps on Hold Suspension of GMCH Doctor Following Criticism

Amid backlash from the medical fraternity and opposition parties, Goa Chief Minister Pramod Sawant on Sunday said that the chief medical officer of the government medical college and hospital, who was accused of misbehaving with patients, will not be suspended.

1 min

SCIENCE IN ANCIENT FOUNDATIONS INDIA: OF KNOWLEDGE AND INNOVATION

Ancient India made significant contributions to the field of science. They developed advanced knowledge in mathematics, astronomy, medicine, and metallurgy. Their discoveries and inventions laid the foundation for modern scientific advancements.

5 mins

DELHI CM INAUGURATES CONSTRUCTION WORK AT JAN SEWA CAMP

Delhi Chief Minister Rekha Gupta on Sunday inaugurated the construction work of a 24-seater Jan Sewa Camp (JSC) in the Jhuggi Jhopdi (JJ) cluster of the Nehru Camp area in Haiderpur.

1 min

AAP's Bhardwaj targets BJP government over demolition at Madrasi Camp

Speaking to reporters, Saurabh Bhardwaj criticised the BJP government over their poll promises in the Delhi assembly elections and accused them of betraying people living in JJ clusters.

1 min

Delhi Police Begins Deportation of 31 Illegal Bangladeshi Nationals

The Delhi Police have initiated the process to deport 31 Bangladeshi nationals who were living illegally in the North West district of Delhi.

1 min

Indian Railways flags off 'Fit India Sundays on Cycle' from JLN Stadium

The Indian Railways, in collaboration with the Ministry of Youth Affairs and Sports, flagged off the 'Fit India Sundays on Cycle' initiative from Jawaharlal Nehru Stadium in Delhi on Sunday.

1 min

Woman found murdered in Paharganj hotel, accused arrested

A 29-year-old woman was found dead in a hotel room's bathroom in Delhi's Paharganj area on Sunday morning.

1 min

BJP Has Ruined Law And Order Situation: Kejriwal

Former Delhi Chief Minister Arvind Kejriwal hit out at the BJP government over the death of a nine-year-old girl in the national capital, alleging that it is ruining the law and order situation in the national capital.

1 min

Delhi Police Bust Interstate Drug Syndicate, Seize 348 Kg of Ganja

In a major crackdown, the Anti-Narcotics Task Force (ANTF) of the Delhi Police has busted an interstate drug syndicate and seized 348.176 kilograms of Ganja, officials said.

1 min

Atishi Slams BJP for Blocking School Admissions

Atishi, senior AAP leader and Leader of Opposition (LoP) in the Delhi Assembly, has written a letter to Education Minister Ashish Sood demanding immediate action to start admissions in three fully constructed Delhi Government schools located in Sector 27 Rohini, Sunder Nagri, and Kirari.

1 min

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The Business Guardian Newspaper Description:

The Business Guardian is a monthly business magazine published in India. It was launched in 2005 and is one of the most popular business magazines in the country. The magazine is known for its in-depth coverage of the Indian economy, as well as its insights from leading experts in the field. It covers a wide range of topics related to business, including:

* Economic news and analysis: The Business Guardian covers the latest economic news and trends from India and around the world. The magazine also provides in-depth analysis of the Indian economy, as well as its impact on businesses and individuals.
* Industry news and trends: The Business Guardian also covers the latest news and trends from different industries, such as technology, finance, healthcare, and manufacturing. This coverage helps readers to stay informed about the latest developments in their respective industries.
* Corporate news and profiles: The Business Guardian also features corporate news and profiles of leading companies in India. These profiles provide readers with insights into the strategies and operations of these companies.
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The Business Guardian is a valuable resource for anyone who is interested in business in India. It is a must-read for anyone who is looking to stay informed about the latest economic and business trends in the country, or who is looking for insights from leading experts in the field.