The Business Guardian - January 04, 2025

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January 04, 2025

SBI Research: Extreme poverty in India reduced to minimal levels

As the poverty rates in the country declined below 5 per cent in 2024, a research study by State Bank of India (SBI) also highlighted that the extreme poverty in the country has reduced to minimal.

2 mins

HSBC: Indian Banks Expected to Experience 12.5% Credit Growth in 2024-25

Credit growth of Indian banks is expected to witness a range-bound 12.5 percent growth in the current financial year 2025, HSBC Global Research said in a report, attaching a rider that slowdown in GDP growth remains a downside risk.

1 min

Top of the Day

Chinese authorities have enforced new measures that severely limit Tibetan children’s cultural and religious freedoms as Tibetans usher in the winter school break, according to a report by Radio Free Asia.

1 min

US Businesses Move Away From China Amid Growing Challenges

China has been increasingly being viewed with skepticism by American businesses, with many scaling back their operations or shifting investments elsewhere, as reported by the Wall Street Journal.

1 min

MP Launches Campaign to Promote Forest Awareness and Tourism: CM

Madhya Pradesh Chief Minister Mohan Yadav announced on Friday the launch of a public awareness campaign aimed at highlighting the significance of forest life and promoting tourism in the state.

2 mins

DPIIT Signs MoU With SPF To Strengthen India's Startup Ecosystem

DPIIT has partnered with the Startup Policy Forum (SPF) to enhance India's startup ecosystem and position the country as a global innovation hub.

1 min

PM Modi: AAP Damaged Delhi's School Education Over 10 Years

Prime Minister Narendra Modi launched a scathing attack on the ruling Aam Aadmi Party (AAP) during a public meeting at Ramlila Ground in Ashok Vihar, Delhi.

2 mins

RBI Likely To Cut Rates By 50 BPS In H1 2025: Jefferies

The Reserve Bank of India (RBI) is expected to cut policy rates by 50 basis points in the first half of 2025, according to a Jefferies report, following recent liquidity easing measures

2 mins

ED Raids Tamil Nadu Minister Duraimurugan's Residence

The Enforcement Directorate (ED) on Friday conducted searches at the residence of DMK General Secretary and Tamil Nadu Water Resources Minister Duraimurugan in connection with an alleged money laundering case.

1 min

Jaishankar: Maldives Exemplifies India's Neighbourhood First Policy

I extend my greetings for the new year, and I must say you are my first official visitor, diplomatic visitor for this year, so you are doubly welcome.

1 min

PM Modi: AAP Damaged Delhi's School Education Over 10 Years

Prime Minister Narendra Modi launched a scathing attack on the ruling Aam Aadmi Party (AAP) during a public meeting at Ramlila Ground in Ashok Vihar, Delhi.

2 mins

Nita Ambani Emphasizes Reliance Family's emotional bond with Jamnagar

Nita Ambani, founder and chairperson of the Reliance Foundation, spoke passionately about the deep emotional connection the Ambani family shares with Jamnagar, describing it as the \"soul of Reliance.\"

2 mins

Montek Singh Ahluwalia Urges Govt. For Clear Fiscal Deficit Roadmap

Montek Singh Ahluwalia, former Deputy Chairman of the Planning Commission, has raised concerns about India's high fiscal deficit, stating that it is much more than other developing countries and hampering private investments.

2 mins

Indian stocks drop 721 points on profit booking

Indian stocks took a breather after a three-day rally, with analysts partially attributing it to profit booking.

2 mins

Vande Bharat sleeper trains to offer world-class travel

With a speed of up to 180 kilometers per hour, the Vande Bharat sleeper trains will soon run on tracks to give commuters a world-class travel experience.

1 min

Goldman Sachs: PLI Schemes to Boost Revenue by USD 459 Billion

The automobile and auto components sector, with 95 projects, has already achieved USD 1.3 billion in incremental sales, backed by USD 3.2 billion in incentives. Meanwhile, 14 solar photovoltaic (PV) module projects are expected to generate USD 64.6 billion in revenue with USD 3 billion in incentives.

2 mins

Godrej Enterprises Unveils Refreshed Brand Identity

The Godrej Enterprises Group (GEG), a leading diversified engineering and design-led conglomerate, unveiled a refreshed brand identity aimed at unlocking new worlds for customers and other stakeholders.

1 min

PM Modi to Inaugurate 6-Day-Long Grameen Bharat Mahotsav Today

Aim is to promote rural economic stability, financial security, and sustainability, focusing on North-East India.

1 min

RBI May Reduce Policy Rates by 50 Basis Points in First Half of 2025: Jefferies

The Reserve Bank of India (RBI) is likely to cut policy rates by 50 basis points (bps) in the first half of 2025, says a report by Jefferies.

1 min

Govt Announces National Startup Week

The Department for Promotion of Industry and Internal Trade (DPIIT) entered into a partnership with the Startup Policy Forum (SPF), among key industry organisations representing India's leading new-age companies.

1 min

CCPS Fully Rolled Out in All Regional Offices of EPFO

In a move towards enhancing pension services, EPFO completed the full-scale rollout of the new Centralized Pension Payments System (CPPS) under the Employees' Pension Scheme 1995 in December 2024.

1 min

Maharashtra Leads in FDI

Maharashtra has emerged as the frontrunner in attracting Foreign Direct Investment (FDI), with the state having already received 95 per cent of its annual average FDI inflow in just the first six months of the financial year 2024-25, stated Maharashtra Chief Minister Devendra Fadnavis on Friday.

1 min

AI Will See Bigger Investments in 2025: UBS

There shall be more spending from Alphabet, Microsoft, Amazon, and Meta, with its capex forecast to grow from $224 billion in 2024E to $280 billion in 2025E. Besides, it also sees more signs of AI monetization.

1 min

New Study Reveals Extreme Poverty Reduced to Minimal

As the poverty rates in the country declined below 5 per cent in 2024, a research study by State Bank of India (SBI) also highlighted that the extreme poverty in the country has reduced to minimal.

1 min

Blinkit will have to abide by 'law of the land': Piyush Goyal

The CEO said yesterday they aim to solve the problem of providing quick and reliable ambulance service in Indian cities.

1 min

How to balance spirituality and everyday life for inner joy

Happiness or joy is intrinsic. It is within us. It is inner joy, always.

3 mins

ZAMANA KAR NA SAKA QAD KA ANDAZA...' 'WOH AASMAAN THA, MAGAR SAR JHUKA KAR CHALTA THA..!'

Dr Manmohan Singh was the person whom P V Narasimha Rao trusted, and India's economic fortunes began to change.

4 mins

Memorials for Leaders: The History, Geography, and Politics

The concept of memorializing political leaders dates back centuries, reflecting the human tendency to honor and remember those who have had significant roles in shaping the course of history.

6 mins

Supreme Court: High Courts Can Quash Criminal Proceedings Invoking Article 226 Jurisdiction Also Apart From Section 482 CrPC Power

The court stated that the High Court can also exercise powers under Article 226 of the Constitution of India to quash the criminal case to prevent misuse of the law.

2 mins

Supreme Court Sets Aside Bail Of MCOCA Accused: Grant Of Bail Must Be Subject To Embargo In Special Enactments

The bench comprising of Justice CT Ravikumar and Justice Sanjay Karol was hearing the present matter.

3 mins

Supreme Court Issued Notice In Plea: High Court Incorrect In Deleting District Magistrate As Necessary Party In Election Petition

The Supreme Court in the case Geeta Rani Sharma Versus Election Commission Of India, ECI observed and has issued notice wherein the petition is filed challenging the order of Allahabad High Court order which allowed the deletion of Election Commission of India, ECI and District Magistrate as necessary parties in an election petition filed challenging the Lok Sabha elections in Gautam Buddha Nagar Constituency in Uttar Pradesh.

2 mins

Supreme Court: Motor Accident Claims Tribunal Can Look Into Police Records To Determine Question Of Negligence

The Supreme Court in the case ICIC Lombard General Insurance Co Ltd v. Rajni Sahoo observed and has reiterated that in motor accident claim cases, police records can be looked into by the Tribunal or Court to determine the question of negligence.

1 min

The bench in the case issued a notice and has tagged it with another pending appeal filed by the complainant who has also challenged the acquittal.

The bench in the case issued a notice and has tagged it with another pending appeal filed by the complainant who has also challenged the acquittal.

2 mins

Supreme Court Rejected PSU's Plea Against Order To Include HRA And Other Allowances In Overtime Wage Calculation

The bench in the case clarified that the petitioners could approach the High Court to seek an expedited hearing of their pending petition against the CAT decision.

2 mins

FORMER CONGRESS MLA SURENDRA PANWAR ACQUITTED IN MONEY-LAUNDERING CASE

Arrest in money laundering case declared illegal by Supreme Court, ED’s appeal rejected

2 mins

Bhajan Lal Tops BJP's Review of CMs

The first year of CM Bhajan Lal Sharma has been quite successful despite the challenges he faced.

2 mins

MMS' political maneuvering secured N-deal

Economist Montek Singh Ahluwalia on Friday spoke of the efforts former Prime Minister Manmohan Singh took to convince the opposition parties during his second term for the Indo-US nuclear deal.

1 min

Congress Slams BJP Over GST Decline, Calls for GST 2.0

Highlighting GDP growth slowing to 5.4% in Q2 FY25 and stagnant rural wages, Jairam Ramesh said India is trapped in a cycle of \"low consumption, low investment, low growth, and low wages.\"

1 min

Appointing Ajay Bhalla as Guv reflects centre's seriousness for Manipur: CM Biren

Manipur CM N Biren Singh on Friday welcomed the appointment of Ajay Kumar Bhalla as the 19th Governor, saying that Bhalla's appointment reflects the central government's seriousness in resolving Manipur's issues.

1 min

Rahul Hits Back at Govt Over Arrest of Two Student Leaders in MP

Congress leader Rahul Gandhi on Friday hit out at the Central government for arresting two students planning to protest against the Madhya Pradesh Public Service Commission (MPPSC) demanding reforms to ensure more transparency in the recruitment process, saying the BJP is trying to cut the thumb of the students and ruining their future.

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.
* Management and leadership: The Business Guardian also features articles on management and leadership. These articles help readers to develop their skills and knowledge in these areas.

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.