The Business Guardian - September 06, 2024

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September 06, 2024

India's Financial services must grow 20X for $30 trillion GDP by 2047

MUMBAI 20-fold increase in the A 20 financial services sector is needed for India's goal to achieve a USD 30 trillion GDP by 2047, according to a report titled \"Banking for a Viksit Bharat,\" released by Boston Consulting Group (BCG) in association with FICCI and the Indian Banks' Association.

2 mins

Piyush Goyal sets 500 Mn tonnes steel production target by 2034

Union nion Commerce and Industry Minister Piyush Goyal, speaking at the 5th ISA Steel Conclave in New Delhi, set a target of 500 million tonnes of steel production by 2034.

1 min

TN CM STALIN SEALS RS 2000 CR DEAL WITH TRILLIANT NETWORKS ON US VISIT

Tamil Nadu CM M.K. Stalin's US visit secures major investments and collaborations, boosting the state's economy and creating thousands of job opportunities.

4 mins

41 Clubs of India sponsors smart classrooms in 250 schools, benefiting 1.5 L students

The Association of 41 T Clubs of India, a 44-yearold nationwide service institution, has equipped 250 schools across the country with smart classrooms and executed community projects worth Rs.1.50 crores over the past year, benefiting 1.50 lakh students. Looking ahead, the association plans to expand its flagship program, Freedom Through Digital Education (FTDE), with the goal of reaching 1,000 schools and benefiting one million students within the next two years.

1 min

In 8th Year, Jio captures 8% of Global Mobile data traffic

Jio has spearheaded InJai dia's rise from 155th to the number one spot globally in mobile data consumption, since its inception in 2016.

1 min

MODI EXTENDS WARM GREETINGS TO SINGAPORE'S GOH CHOK TONG

PM Modi and Emeritus Senior Minister Goh Chok Tong of Singapore discussed strengthening bilateral ties and announced the establishment of an Invest India Office in Singapore.

2 mins

CBI hosts 10th INTERPOL Liaison officers conference in Delhi

The 10th INTERPOL The aison Officers (ILO's) Conference, organised by CBI, was inaugurated by the Home Secretary at the CBI Headquarters in Delhi.

1 min

Eduverse Summit India 2024: over 700 attendees shape Global education

The Eduverse Summit The India 2024 concluded on a high note, marking a significant milestone in global education discourse.

1 min

Russia's strategic role and ties with India highlighted by Mari State University

The Russian Federation position as a pivotal player in global geopolitics, actively participating in leading international associations such as BRICS, the Shanghai Cooperation Organization (SCO), and the Eurasian Economic Union (EAEU).

1 min

Esri India launches Indo ArcGIS Business analyst

E sri India, the country's Efe leading location intelligence software and solutions provider, today announced the availability of 'Indo ArcGIS Business Analyst,' a location intelligence solution suite designed to aid government organizations in making data-driven smart decisions.

1 min

Nikshan Electronics receives 'Iconic Brand in Digital and Home Appliances' at Times Business Awards Kerala 2024

Nikshan Electronics, Na leading name in the Ν electronics and home appliances industry, has been awarded the prestigious title of 'Iconic Brand in Digital and Home Appliances' at the Times Business Awards Kerala 2024.

1 min

HAL UNVEILS ADVANCED LIGHT HELICOPTER 'DHRUV MKIII' AT EGYPT INTERNATIONAL AIRSHOW

HAL showcased the versatility of its Advanced Light Helicopter ALH) Dhruv MkII at the inaugural Egypt International Airshow 2024

2 mins

Nikshan opens new showroom in Kozhikode, setting new standards for home solutions

Nikshan , a leading name in the home appliance industry, has officially launched its latest showroom in Kozhikode, showcasing a wide range of products and exceptional customer service.

1 min

IYDF and Bhairavi Vidyalaya Pvt. Ltd. Launch Initiative to Empower Underprivileged Children

Recently, the InternaRece Renal Youth Development Foundation (IYDF) joined forces with Bhairavi Vidyalaya Pvt.Ltd. to launch a meaningful charity initiative aimed at improving the learning environment for 34 underprivileged children at Keshav Vidya Kendra (Rashtrothan) in Hubballi, Karnataka.

1 min

Onsurity and DBS Bank India partner to strengthen Cybersecurity for SMEs

Data from the National DCrime Records Bureau [i] revealed that in 2023 alone, Indians suffered losses exceeding INR 7,488 crore due to cyber fraud.

1 min

Sephora Launches its largest beauty collection in Asia at Ion Orchard, Singapore

Sephora, the world's leadSins prestige beauty retailer, is proud to announce the grand reopening of its flagship store at ION Orchard, Singapore's iconic shopping destination.

2 mins

SEBI employees say not 'misguided'

The employees of the Securities and Exchange Board of India (SEBI) on Thursday gathered at the SEBI office and protested against the statement released by the regulatory body on Wednesday evening.

1 min

EaseMyTrip to venture into electric bus manufacturing through a subsidiary

EaseMyTrip has announced the launch of its new subsidiary, Easy Green Mobility, marking its entry into the electric bus manufacturing sector.

1 min

Truck rentals rise for second month in August, driven by festive and post-election demand: Report

Truck rentals continued their upward trend in August 2024, marking the second consecutive month of growth, as per the latest Shriram Mobility Bulletin.

1 min

S'pore firms pledge to invest over Rs 5 lakh crore in India

Singaporean companies from diverse sectors committed an investment of over Rs 5 lakh crore (around USD 60 billion) in the next few years during a roundtable with Prime Minister Narendra Modi on Thursday.

1 min

INdia Is Likely To Benefit From Trump Policies, Says Research Firm Nomura

India as a relative beneficiary due to domestic demand-driven growth and benefits from lower commodity prices, supply chain shifts and foreign policy''

3 mins

'Digital payments to grow 3-fold to 481 bn by FY29'

India's digital payments industry is witnessing a huge surge, with transaction volumes growing by 42 per cent year-on-year (YoY) in FY 2023-24, according to a new report by PwC.

1 min

Piyush Goyal sets 500 million tonne domestic steel output target by 2034

Union Commerce and Industry Minister Piyush Goyal, speaking at the 5th ISA Steel Conclave in New Delhi, set a target of 500 million tonnes of steel production by 2034.

1 min

Understanding military theaterisation

Theaterisation is essentially an integration, of different service HQs prosecuting operations in a common front.

4 mins

Political will needed to curb mob-lynching

“Law may not be able to make a man love him but it can keep the man from lynching him.”

2 mins

INDIA'S MARITIME RESPONSIBILITY: THE CASE FOR RATIFICATION OF THE HIGH SEAS TREATY

In the month of July, the union cabinet headed by the Hon'ble Prime Minister of India in-principle approved the signing of the Biodiversity Beyond the National Jurisdiction (BBNJ) agreement, which marked a historical step to further strengthen India's aim for better sustainable development of seas and oceans and to enhance the blue economy prospects of the country.

3 mins

Union agriculture minister conducts aerial survey of flood-affected areas in Vijayawada

Union Agriculture Minister Shivraj Singh Chouhan on Thursday conducted an aerial survey of flood-affected areas in Vijayawada in Andhra Pradesh.

1 min

RAJNATH COMMENDS INVALUABLE CONTRIBUTION OF ARMED FORCES

Union Defence Minister Rajnath Singh on Thursday addressed the apex leadership of the Indian Armed Forces at the Joint Commanders' Conference and commended their invaluable contribution to safeguarding national interests.

1 min

Eco-friendly Ganesh idols crafted from cow dung gaining popularity

In a move towards environmental sustainability, eco-friendly Ganesh idols crafted from cow dung are now gaining popularity in the state. This initiative is not only encouraging greener celebrations but also highlighting the need for eco-conscious practices during traditional festivals.

1 min

Telangana: Auto driver arrested for rape attempt on tribal woman in Asifabad

An auto driver was arrested for allegedly attempting to rape and murder a woman belonging to the Scheduled Tribe community in Kumuram Bheem Asifabad district of Telangana, police said on Thursday.

1 min

UP: Wild animal attack leaves 6 injured in Chandauli district

A wild animal allegedly attacked six villagers while they were asleep in Daudpur Daakhi village, located in the Chakia Kotwali area of Chandauli district.

1 min

Police foils grenade attack, nabs terrorist associate

Pulwama Police arrested a terrorist associate and seized a hand grenade during a Naka check at the Karimabad crossing on Thursday.

1 min

MP: 3 females among 16 test positive for dengue in last 24 hours in Indore

INDORE Indore has been witnessing a sharp rise in the number of dengue cases as 16 new people, including three females tested positive in the last 24 hours, according to an health official.

1 min

'First remove Italy ka Chashma, then everything will be visible'

Launching a scathing attack on the Leader of Opposition, Rahul Gandhi over his visit to Jammu and Kashmir, BJP National General Secretary Tarun Chugh said on Thursday that the former should first remove the 'Italy ka Chasma', then everything will be clearly visible to him.

1 min

SUPREME COURT REFUSES TO APPOINT SPECIAL PUBLIC PROSECUTOR FOR SENTHIL BALAJI'S TRIAL, ASKS WHY TN GOVERNOR TOOK 7 MONTHS TO GRANT SANCTION

The Supreme Court in the case Y.Balaji v. Assistant Commissioner of Police Central Crime Branch, Job Racketing & Anr. observed and has refused to appoint a Special Public Prosecutor for the trial of former Tamil Nadu Minister V Senthil Balaji in corruption case which arose out of the cash of jobs allegations.

2 mins

Meghalaya govt tells Supreme Court: Doctors directed to stop 'Two-Finger Test on rape victims, violators will be punished'

The Supreme Court in the case Sunshine Kharpan vs.The State Of Meghalaya observed wherein the State Of Meghalaya informed the court and has issued circular in compliance with the earlier directions of the Court prohibiting the \"Two Finger test' on rape survivors.

2 mins

Ex-RG Kar College principal Sandip Ghosh moves Supreme Court against High Court ordering CBI probe into alleged financial irregularities

The Supreme Court in the case Sandip Ghosh v WB observed wherein the former Principal of RG Kar Hospital Sandip Ghosh has moved the court challenging the order of Calcutta High Court to transfer the SIT probe into alleged irregularities in the tender processes and mismanagement by Ghosh, to the Central Bureau of Investigation, CBI.

2 mins

Allahabad HC: Not mandatory for widowed daughter-in-law to live in matrimonial home to claim maintenance from father-in-law

The Allahabad High Court in the case Shree Rajpati v.Smt. Bhuri Devi observed that agreeing to live in a matrimonial home is not a condition precedent for a widowed daughter-in-law for seeking maintenance from her father-in-law.

2 mins

Supreme Court to CBI while reserving judgement on Arvind Kejriwal's bail plea: Don't say grant of bail will demoralise High Court

The Supreme Court in the case Arvind Kejriwal v.Central Bureau of Investigation, CBI observed and has reserved the judgement wherein the petition is filed by Delhi Chief Minister Arvind Kejriwal challenging his arrest and seeking bail in the case registered by the CBI over the alleged Delhi Liquor Policy scam.

4 mins

CISF intercepts 2 fliers carrying diamonds worth 60 lakhs at IGI Airport

The Central Industrial Security Force (CISF) claimed to have intercepted two passengers carrying diamonds weighing about 163 grams worth Rs 60 lakh at Indira Gandhi International Airport, New Delhi, officials said.

1 min

LG nod to creation of 3,247 additional posts for Delhi Jails

In a major move that would effect significant improvement in management of Delhi Prisons, Delhi LG, VK Saxena has approved the creation of 3,247 additional posts in the Prison Department of GNCTD and directed that the same be filled within the next six months, said a press note from the LG Office.

1 min

Project Her Comfort: A New Initiative to Transform Menstrual Health in Delhi NCR

In an effort to address menstrual health inequities in Delhi NCR, the Artemis Health Sciences Foundation and Pinkishe Foundation have announced a significant partnership.

1 min

City court grants bail to 9 people accused in USD 15 million cyber fraud case

The Rouse Avenue court on Thursday granted bail to nine accused persons in a transnational cyber fraud case.

1 min

Coaching Centre death: Delhi HC seeks CBI response on bail plea of co-owners

The Delhi High Court on Thursday sought response of Central Bureau of Investigation (CBI) on bail petitions moved by four co-owners of the basement coaching centre in Old Rajinder Nagar, where three IAS aspirants drowned on July 27, 2024.

1 min

Delhi riots result of deep-rooted conspiracy: Delhi Police to court

Delhi Police on Thursday began its arguments on framing of charges against accused persons in the larger conspiracy of Delhi riots 2020.

1 min

SC RESERVES ORDER ON KEJRIWAL'S BAIL PLEA IN EXCISE POLICY CASE

if CM is granted bail, witnesses might turn hostile: CBI

2 mins

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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:

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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.