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Delhi airport's new Terminal 1 to open on August 17, IndiGo and SpiceJet to resume operations
The Business Guardian

Delhi airport's new Terminal 1 to open on August 17, IndiGo and SpiceJet to resume operations

The new Terminal 1 of Delhi’s Indira Gandhi International (IGI) Airport will become operational on August 17, with IndiGo and SpiceJet set to shift their flight operations there, the airport operator, Delhi International Airport Limited (DIAL), said in a media release on Wednesday.

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1 min  |
August 15, 2024
TRAI asks service providers to stop spam calls from unregistered telemarketers
The Business Guardian

TRAI asks service providers to stop spam calls from unregistered telemarketers

In a major step to curb the increasing number of spam calls, regulator Telecom Regulatory Authority of India (TRAI) has mandated all service providers to stop voice promotional calls, be prerecorded or computer generated or otherwise, from all unregistered senders or telemarketers.

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1 min  |
August 15, 2024
Wholesale inflation in India moderates to 2.04% in July, amid declining retail inflation
The Business Guardian

Wholesale inflation in India moderates to 2.04% in July, amid declining retail inflation

In line with the moderation in retail inflation, wholesale inflation in India too witnessed a sharp decline in July.

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2 mins  |
August 15, 2024
NEXT INDUSTRIAL REVOLUTION WILL BE BIO-ECONOMY DRIVEN: JITENDRA SINGH
The Business Guardian

NEXT INDUSTRIAL REVOLUTION WILL BE BIO-ECONOMY DRIVEN: JITENDRA SINGH

The next industrial revolution will be bio-economy driven, Union Minister Dr Jitendra Singh said on Wednesday emphasising the government’s commitment to the sector.

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2 mins  |
August 15, 2024
'Indian hospitality sector registers growth in Q2 2024; Hyderabad leads with 11.9 pc surge'
The Business Guardian

'Indian hospitality sector registers growth in Q2 2024; Hyderabad leads with 11.9 pc surge'

The hospitality sector in India recorded a 4.8 per cent Year-on-Year (YoY) growth in Revenue Per Available Room (RevPAR) for the second quarter of 2024, according to a report by JLL’s Hotel Momentum India (HMI).

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2 mins  |
August 15, 2024
KVIC promoting local Artisans, created over 10 lakh jobs last year: Chairman Manoj Goel
The Business Guardian

KVIC promoting local Artisans, created over 10 lakh jobs last year: Chairman Manoj Goel

Manoj Kumar Goel, Chairman, Khadi and Village Industries Commission (KVIC) revealed that KVIC has created over 10 lakh jobs across India in the last financial year.

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2 mins  |
August 15, 2024
DOMESTIC PASSENGER VEHICLES SALES SHRINK 2.5% IN JULY, SIAM EXPECTS FESTIVE SEASON TO BOOST DEMANDS
The Business Guardian

DOMESTIC PASSENGER VEHICLES SALES SHRINK 2.5% IN JULY, SIAM EXPECTS FESTIVE SEASON TO BOOST DEMANDS

The total domestic Passenger Vehicles (PVs) sales have witnessed a decline of 2.5 per cent in July 2024, as compared to the same period last year 2023, according to the data released by Society of Indian Automobile Manufacturers (SIAM) on Wednesday.

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2 mins  |
August 15, 2024
24/7 online banking may increase risks and liquidity issues for banks: RBI DG Swaminathan
The Business Guardian

24/7 online banking may increase risks and liquidity issues for banks: RBI DG Swaminathan

Online banking services like Internet banking and mobile banking may increase the chances of liquidity crisis during periods of stress, highlights RBI Deputy Governor Swaminathan Janakiraman during an event in Jaipur on Wednesday.

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1 min  |
August 15, 2024
CAG India partners with Uzbekistan counterpart to exchange auditing expertise
The Business Guardian

CAG India partners with Uzbekistan counterpart to exchange auditing expertise

The Comptroller and Auditor General of India (CAG) in a step towards fostering international cooperation signed a Memorandum of Understanding (MoU) with the Chamber of Accounts, Republic of Uzbekistan, in Tashkent.

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1 min  |
August 15, 2024
India's July exports up 2.8% at USD 62.4 billion, trade deficit widens to USD 9.6 billion
The Business Guardian

India's July exports up 2.8% at USD 62.4 billion, trade deficit widens to USD 9.6 billion

India’s overall exports, merchandise and services combined, in July were to the tune of USD 62.42 billion, a 2.81 rise on a yearly basis, Commerce Ministry data showed on Wednesday. Same month last year it was USD 60.71 billion.

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1 min  |
August 15, 2024
Nifty delivers over 2,000 per cent return since its inception in 1996
The Business Guardian

Nifty delivers over 2,000 per cent return since its inception in 1996

The Nifty 50 index began its journey on April 22, 1996, with a starting value of 1136.28 point and has recently crossed 25,000 points a growth of nearly 22 times.

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2 mins  |
August 15, 2024
NUMBER OF ACTIVE INVESTORS ON NSE SURGED BY 13.9 PC IN JUNE: NSE REPORT
The Business Guardian

NUMBER OF ACTIVE INVESTORS ON NSE SURGED BY 13.9 PC IN JUNE: NSE REPORT

The number of active investors on the National Stock Exchange (NSE) surged by 13.9 per cent month-on-month, reaching 1.5 crore in June. This increase marks the third consecutive month of growth in active market users.

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1 min  |
August 15, 2024
'Fake News Detection' In School Textbooks Implemented In Kerala
The Business Guardian

'Fake News Detection' In School Textbooks Implemented In Kerala

In a move to empower school children, the Kerala General Education Department has added 'Fact-Checking' modules as part of new ICT textbooks for Classes 5 and 7, designed to help students recognize fake news and perform fact-checking on online platforms.

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2 mins  |
August 14, 2024
CPI Inflation Down, But Road Ahead Could Be Bumpy: SBI Report
The Business Guardian

CPI Inflation Down, But Road Ahead Could Be Bumpy: SBI Report

India’s Consumer Price Index (CPI) inflation dropped to 3.54 per cent in July 2024, its lowest in nearly five years, largely driven by a decline in vegetable prices.

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3 mins  |
August 14, 2024
Excise Policy Case: SC To Hear Kejriwal's Bail Plea Today
The Business Guardian

Excise Policy Case: SC To Hear Kejriwal's Bail Plea Today

The Supreme Court will hear Delhi Chief Minister Arvind Kejriwal's plea challenging his arrest by the Central Bureau of Investigation (CBI) and bail application in connection with the excise policy case on Wednesday, August 14.

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1 min  |
August 14, 2024
‘Refugees know India is safe country for minorities’: Rijiju
The Business Guardian

‘Refugees know India is safe country for minorities’: Rijiju

Union Minister Kiren Rijiju accused opposition parties of defaming the country and said that a campaign was being run to project that minorities were not safe in India.

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1 min  |
August 14, 2024
Supreme Court dismisses ED's plea against High Court order allowing NDTV to seek compounding of alleged FEMA violations
The Business Guardian

Supreme Court dismisses ED's plea against High Court order allowing NDTV to seek compounding of alleged FEMA violations

The Supreme Court in the case Directorate of Enforcement v. New Delhi Television Limited observed and has dismissed the petition filed by Directorate of Enforcement, ED challenging the order of Bombay High Court wherein the court allowed New Delhi Television, NDTV to pursue compounding proceedings which are initiated for alleged violations of the Foreign Exchange Management Act, FEMA before the Reserve Bank of India, RBI.

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2 mins  |
August 14, 2024
LG Names Kailash Gahlot to lead I-Day flag hoisting
The Business Guardian

LG Names Kailash Gahlot to lead I-Day flag hoisting

On Tuesday, Delhi's Lieutenant Governor V. K. Saxena nominated Delhi Minister and senior Aam Aadmi Party leader Kailash Gahlot to hoist the national flag at the official Independence Day event at Chhatrasaal Stadium on August 15, 2024, marking the 78th Independence Day.

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1 min  |
August 14, 2024
54 CR GST REFUND SCAM EXPOSED BY DELHI'S ANTI-CORRUPTION BRANCH
The Business Guardian

54 CR GST REFUND SCAM EXPOSED BY DELHI'S ANTI-CORRUPTION BRANCH

Seven people were arrested for running the racket of fake invoices and getting GST refunds from the department.

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1 min  |
August 14, 2024
BSF engages border villages to fortify security along India-Bangladesh border
The Business Guardian

BSF engages border villages to fortify security along India-Bangladesh border

In light of the evolving situation in Bangladesh, the Border Security Force (BSF) is intensifying its efforts along the India-Bangladesh border, including its effort to orchestrate \"village coordination meetings\" in border villages, aiming to enlist local support for bolstering security and curbing illegal activities.

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1 min  |
August 14, 2024
Security tightened on Jammu-Srinagar Highway ahead of Independence Day
The Business Guardian

Security tightened on Jammu-Srinagar Highway ahead of Independence Day

Authorities have tightened security, including checking of vehicles on the JammuSrinagar Highway, ahead of the 78th Independence Day.

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1 min  |
August 14, 2024
ECI EVALUATES PREPARATIONS FOR HARYANA ASSEMBLY POLLS
The Business Guardian

ECI EVALUATES PREPARATIONS FOR HARYANA ASSEMBLY POLLS

Enhanced electoral infrastructure, special provisions for senior citizens and physically challenged voters announced ahead of october elections

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2 mins  |
August 14, 2024
Maruti Suzuki's first time SUV exports to Japan is a proof of 'Make in India success: Piyush Goyal
The Business Guardian

Maruti Suzuki's first time SUV exports to Japan is a proof of 'Make in India success: Piyush Goyal

Union Commerce Minister Piyush Goyal praised the nation's growing manufacturing prowess on Tuesday, stating that Maruti Suzuki's SUV exports to Japan are evidence of the \"Make In India\" campaign's success.

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1 min  |
August 14, 2024
HUMANS HAVE LEARNED HOW TO SURVIVE IN SPACE: INDIAN COSMONAUT RAKESH SHARMA
The Business Guardian

HUMANS HAVE LEARNED HOW TO SURVIVE IN SPACE: INDIAN COSMONAUT RAKESH SHARMA

Speaking at the \"Youth Sabha 2047: Shaping India's Future\" event on International Youth Day on Monday, Rakesh Sharma India's first Astronaut said that humans have learned how to survive in space.

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1 min  |
August 14, 2024
Direct tax collections 24 pc higher at Rs 8.1 lakh crore
The Business Guardian

Direct tax collections 24 pc higher at Rs 8.1 lakh crore

The gross direct tax collections by the government so far in 2024-15 were 24 per cent higher on a yearly basis at Rs 8.13 lakh crore, data released by the Central Board of Direct Taxes (CBDT) showed on Monday.

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1 min  |
August 14, 2024
KFC HITS 76 MILLION VIEWS AND 15266 IN-APP ORDERS
The Business Guardian

KFC HITS 76 MILLION VIEWS AND 15266 IN-APP ORDERS

DRIM , the performance influencer marketing platform in collaboration with Blink Digital, piloted a transformative campaign for KFC in India, amassing over 76 million organic views and over 10k in-app orders.

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2 mins  |
August 14, 2024
Foreign investors taking money off table amid volatility, high valuation fears in India
The Business Guardian

Foreign investors taking money off table amid volatility, high valuation fears in India

Foreign portfolio investors are taking money off the table lately, amidst volatility in the Indian stocks.

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2 mins  |
August 14, 2024
54TH GST COUNCIL MEETING TO TAKE PLACE ON SEPTEMBER 9 IN NEW DELHI
The Business Guardian

54TH GST COUNCIL MEETING TO TAKE PLACE ON SEPTEMBER 9 IN NEW DELHI

The 54th Meeting of the Goods and Services Tax Council or GST Council, will be held on 9th September 2024 in New Delhi, the GST Council said in a post on social media platform “X” on Tuesday.

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2 mins  |
August 14, 2024
RBI Dy Governor highlights urgent need to evolve deposit insurance system
The Business Guardian

RBI Dy Governor highlights urgent need to evolve deposit insurance system

Reserve Bank of India (RBI) Deputy Governor Michael Patra on Tuesday underscored the urgent need for evolving deposit insurance systems to meet the challenges posed by rapid financial innovation and climate change

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2 mins  |
August 14, 2024
BIS establishes a new environment and ecology department to advance standardisation
The Business Guardian

BIS establishes a new environment and ecology department to advance standardisation

In its endeavour to advance standardisation, the Bureau of Indian Standards (BIS) has formed a new department for standardisation, the Ministry of Consumer Affairs, Food & Public Distribution said in a statement on Tuesday.

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1 min  |
August 14, 2024