The Business Guardian - November 03, 2024

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November 03, 2024

GST COLLECTIONS IN OCTOBER UP BY 9%

Goods and Services Tax (GST) collections in October, in gross terms, were at Rs 1.87 lakh crore, with a yearly jump of 8.9 per cent, according to data from the finance ministry released on Friday.

1 min

India's 7pc & FY25 growth target relies on robust investment, inflation control

Optimistic GDP growth projections for FY25 depend on strong government investment and effective inflation control for India to reach over 7 per cent growth, according to Ernst & Young (EY) report.

1 min

Overall coal production in October touches 84.5 million tonnes

India's coal production in October reached 84.45 million tonnes, exceeding the 78.57 million tonnes recorded in the same month last year, marking a 7.48 per cent increase.

1 min

NSE launches new mobile app and multi-language website expansion

The National Stock Exchange of India (NSE) launched its official mobile app, NSEIndia, and expanded its corporate website, www.nseindia.​com, to support eleven regional languages on the occasion of Diwali.

1 min

India needs 10 million new jobs annually to sustain 6.5% GVA growth through FY30

India will require approximately 10 million new jobs each year from FY25 to FY30 to maintain an average GVA (Gross Value Added) growth of 6.5 percent annually, according to a Goldman Sachs report.

1 min

TRIVENI TURBINE'S GROWTH DRIVES GLOBAL ENERGY TRANSITION MARKET

Triveni Turbine Ltd is one of the world's largest manufacturers of industrial steam turbines ranging up to 100 MW by addressing the specific needs of customers and working across a wide range of pressure and flow applications.

2 mins

October marks highest-ever monthly stock sales by FPIs

Foreign portfolio investors (FPIs) have again turned net sellers in Indian stock markets in October, after having remained net buyers in the past four months on a trot.

1 min

Policy differences between Trump and Harris will impact Indian economy

As the US presidential race between Democrat Kamala Harris and Republican Donald Trump intensifies, the sectors of the Indian economy are set to see the economic ripple effect from the election results due to the policy differences between the two, an analysis by JM Financial Institutional Securities highlighted.

2 mins

Sanctioned companies not in violation of Indian law," says MEA

The Ministry of External Affairs on Saturday reacted to the recent U.S. sanctions imposed on several Indian firms and nationals, with a spokesperson from the Ministry of External Affairs (MEA) stating that Indian companies have not violated any national laws.

1 min

With growing economy, India has 4th largest forex reserves

With its growing economic strength, India has achieved the significant feat of joining the ranks of the world's largest foreign exchange reserves, securing the 4th position globally after China, Japan, and Switzerland.

1 min

EU set to increase tariffs on Chinese electric cars

The European Commission has given the final green light to steep tariffs on electric vehicles (EVs) made in China, officially closing the probe that began one year ago, as per Euro News.

2 mins

EV makers set to invest $20 bn in South and Southeast Asia

Electric vehicle (EV) manufacturers are gearing up to invest over USD 20 billion in South and Southeast Asia (SSEA) to build a robust EV industry in the region, according to a report by S&P Global Ratings.

1 min

Maruti registers highest-ever monthly sales in festive-filled Oct

Maruti Suzuki India reported its highest-ever monthly sales volume at 206,434 units.

1 min

Yamaha Motor contributes to clean, comfortable environment

Yamaha Motor's global commitment to environmental sustainability and enhancing quality of life is making a significant impact worldwide.

1 min

DEMAND FOR TRACTORS SHOWS GOOD MOMENTUM

A report by Motilal Oswal highlighted that the demand for passenger and commercial vehicles moderated in October while the demand for two-wheelers and tractors showed positive momentum.

1 min

MAYURI AND PORTER JOIN FORCES TO ACCELERATE ADOPTION OF EVs

Mayuri, a pioneer in the electric vehicle industry, is delighted to announce its collaboration with Porter, a well-known on-demand logistics platform to deliver L3 and L5 e-Carts.

1 min

TRANSFORMATIONAL INDIA-GERMANY PARTNERSHIP CAN SHAPE INCLUSIVE TECHNOLOGIES

India-Germany strategic partnership is emerging as a cornerstone of stability amid uncertain times.

3 mins

India in Asia Power Index 2024: The missing dimensions

Recently, an Australia-based think tank, the Lowy Institute's Asia Power Index 2024, ranked India as the 3rd most powerful country in Asia, trailing just behind the USA and China, which were ranked 1st and 2nd, respectively.

5 mins

KARNATAKA HC GRANTS INTERIM BAIL TO ACTOR

The Karnataka High Court on Wednesday has granted interim bail to actor Darshan Thoogudeepa, who is implicated in the murder case of Renukaswamy, on medical grounds for spine surgery.

1 min

KERALA COURT GRANTS CPI(M) LEADER'S POLICE CUSTODY FOR 6 HRS

A Kerala court has recently granted the police custody of CPI(M) leader P P Divya for 6 hours to facilitate questioning regarding the suicide of Additional District Magistrate Naveen Babu.

1 min

Madras HC urges Centre to ban filter tobacco products

The Madras High Court has recently urged the Union government to recognize the severe impact of filter tobacco products, particularly \"Cool Lip,\" on students, and to take action under the Food Safety Act to ban the sale of such items.

1 min

CJI's last 5 days on the bench: 5 key verdicts pending

As Chief Justice of India Dr. Dhananjay Yashwant Chandrachud approaches his retirement on November 10, it marks the end of two transformative years at the helm of the Indian judiciary.

2 mins

Transformation of Lady Justice: New symbol of equality in India

India, a land vibrant with cultural diversity and historical richness, has always been a nation where tradition and modernity coexist in complex harmony. One such reflection of this dynamic is the recent transformation of the statue of Lady Justice that stands within the precincts of the country's highest judicial authority, the Supreme Court of India.

3 mins

DELHI HC QUASHES SUMMONS AGAINST FORMER DU COLLEGE PRINCIPAL

The Delhi High Court has recently ruled that individuals in positions of authority can't be held liable for abetting a staff member's suicide without evidence of criminal intent.

1 min

AI-DRIVEN TRADING COULD BLUR THE LINE BETWEEN TRUTH AND LIES

Marking its 30th anniversary on Diwali, the National Stock Exchange of India (NSE) celebrated its legacy of innovation with the launch of a multi-language website and mobile apps, enhancing accessibility for investors across India.

1 min

Adani Enterprises registers whopping 664 pc jump in Q2 profits

Adani Enterprises, the flagship entity of Adani Group, on Tuesday reported that its net profits during the July-September quarter rose 664 per cent to Rs 1,741 crore.

1 min

TCS partners with Insper in Brazil, BRL 50mn invested

Tata Consultancy Services (TCS) has announced a 10-year strategic partnership with Insper, one of Brazil's foremost institutions in higher education and research, with a substantial investment of BRL 50 million.

1 min

A.O. SMITH COMPLETED ACQUISITION OF PUREIT: HUL

MCG major Hindustan Unilever Ltd on Friday announced it has completed the sale and divestment of its water purification business brand 'Pureit' to American company A. O. Smith Corporation.

1 min

NAVI MUMBAI AIRPORT TO START OPERATIONS IN FIRST HALF OF 2025

Group CFO of Adani Group, Jugeshinder 'Robbie' Singh on Tuesday said the Adani Group's newly built airport at Navi Mumbai will start operations in the first half of 2025.

2 mins

Commercial LPG cylinder prices up by Rs 62, domestic rates uncut

In a significant price revision soon after the festival of Diwali, oil marketing companies (OMCs) on Friday revised the cost of commercial LPG gas cylinders across the country.

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:

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