CATEGORIES

MODI 3.0'S 1ST BUDGET: IS IT A FUNAMBULIST CHALLENGE?
The Business Guardian

MODI 3.0'S 1ST BUDGET: IS IT A FUNAMBULIST CHALLENGE?

As India prepares for the presentation of its annual budget, the sense of anticipation is palpable.

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3 mins  |
July 21, 2024
Hoarding crash: HC asks police to respond to ad firm director's plea for quashing FIR
The Business Guardian

Hoarding crash: HC asks police to respond to ad firm director's plea for quashing FIR

The Bombay High Court on Friday directed the police to file a detailed affidavit in response to a petition of advertising firm director Bhavesh Bhinde, arrested in the Ghatkopar hoarding collapse case.

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2 mins  |
July 20, 2024
Urbanization and Economic Growth Drive Demand for Commercial Vehicles -Speakers at CII Indian Commercial Vehicle Conclave
The Business Guardian

Urbanization and Economic Growth Drive Demand for Commercial Vehicles -Speakers at CII Indian Commercial Vehicle Conclave

The Confederation of Indian Industry (CII) hosted the 3rd edition of the Indian Commercial Vehicle Conclave (ICVC), bringing together industry leaders, experts, and visionaries to explore the transformative trends shaping India’s commercial vehicle (CV) industry.

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1 min  |
July 20, 2024
Mumbai hit by heavy rains; public transport services disrupted
The Business Guardian

Mumbai hit by heavy rains; public transport services disrupted

Heavy downpours since early morning hit railway and bus services in Mumbai on Friday, causing inconvenience to lakhs of officegoers.

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1 min  |
July 20, 2024
Iranian and Indian Designers Triumph in Jaipur Rugs Flagship Store Design Competition
The Business Guardian

Iranian and Indian Designers Triumph in Jaipur Rugs Flagship Store Design Competition

Jaipur Rugs, known for its exquisite handmade rugs, partnered with Archdais, a leading platform for architectural and interior design competitions, to proudly announce the winners of its inaugural design and build competition for the Jaipur Rugs Flagship Store.

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2 mins  |
July 20, 2024
Aim is to remove Maharashtra's corrupt govt': KC Venugopal
The Business Guardian

Aim is to remove Maharashtra's corrupt govt': KC Venugopal

Congress general secretary (organisation) KC Venugopal has expressed confidence in the state-level coalition, Maha Vikas Aghadi (MVA) forming the government in the upcoming Maharashtra assembly elections and said his party will strive to remove the current “corrupt government” in the state.

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2 mins  |
July 20, 2024
BJP READY FOR MAHARASHTRA POLLS, WILL WORK HARD FOR VICTORY OF ALLIANCE CANDIDATES: BAWANKULE
The Business Guardian

BJP READY FOR MAHARASHTRA POLLS, WILL WORK HARD FOR VICTORY OF ALLIANCE CANDIDATES: BAWANKULE

Maharashtra BJP chief Chandrashekhar Bawankule on Friday said his party is geared up for the state assembly polls to be held in a few months time and asserted it will work hard to ensure all ruling alliance candidates are elected.

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1 min  |
July 20, 2024
PM in Russia stressed need for peaceful solution
The Business Guardian

PM in Russia stressed need for peaceful solution

Prime Minister Narendra Modi emphasised the need for peaceful solutions to the conflict between Russia and Ukraine, highlighting the devastating effects of violence on civilians and children during his official visit to Moscow, the Ministry of External Affairs Ministry spokesperson Randhir Jaiswal said on Friday.

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1 min  |
July 20, 2024
Congress attacks Lokpal, asks 'who will hold PM accountable'
The Business Guardian

Congress attacks Lokpal, asks 'who will hold PM accountable'

After the Lokpal rejected a plea seeking a probe against Prime Minister Narendra Modi over his remarks made against Congress for taking money from Mukesh Ambani and Gautam Adani, Jairam Ramesh on Friday targeted the Lokpal and asked who will hold the PM accountable for telling lies.

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1 min  |
July 20, 2024
Indian embassy in Moscow steps up to help stranded Air India passengers in Krasnoyarsk
The Business Guardian

Indian embassy in Moscow steps up to help stranded Air India passengers in Krasnoyarsk

The Indian Embassy in Moscow has dispatched a team of three senior officials and an interpreter to Krasnoyarsk to assist the passengers of Air India flight AI183, which made an emergency landing on Thursday.

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4 mins  |
July 20, 2024
ArcelorMittal ends Mexico standoff with 8% pay rise, restarts operations
The Business Guardian

ArcelorMittal ends Mexico standoff with 8% pay rise, restarts operations

A 55-day-long standoff at an ArcelorMittal facility in Mexico has finally come to an end after workers overwhelmingly approved a new settlement.

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2 mins  |
July 20, 2024
Ramkrishna Titagarh Rail's Rs 2,180 Cr forged wheel project gets financing boost
The Business Guardian

Ramkrishna Titagarh Rail's Rs 2,180 Cr forged wheel project gets financing boost

Ramkrishna Titagarh Rail Wheels Ltd (RTRWL), a joint venture between Ramkrishna Forgings Ltd and Titagarh Rail Systems Ltd, is on the verge of achieving financial closure for its Rs 2,180-crore forged wheels project.

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1 min  |
July 20, 2024
Paytm Q1 FY2025 revenue grows to Rs 1,502 Cr despite wider loss of Rs 840 Cr, merchant activity rebounds
The Business Guardian

Paytm Q1 FY2025 revenue grows to Rs 1,502 Cr despite wider loss of Rs 840 Cr, merchant activity rebounds

One97 Communications Limited, the parent company of Paytm, has reported a widening of its loss to Rs 840 crore in the quarter ended June 30, 2024, primarily due to the continued impact of restrictions on Paytm Payments Bank Ltd. The company had posted a loss of Rs 358.4 crore in the same period a year ago.

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2 mins  |
July 20, 2024
Vodafone Idea secures Rs 615 crore in funding
The Business Guardian

Vodafone Idea secures Rs 615 crore in funding

Vodafone Idea, a leading telecom operator in India, has approved the allotment of over 40 crore shares on a preferential basis to Nokia Solutions and Networks India and Ericsson India.

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1 min  |
July 20, 2024
MICROSOFT OUTAGE DISRUPTS USERS WORLDWIDE, INCLUDING INDIA
The Business Guardian

MICROSOFT OUTAGE DISRUPTS USERS WORLDWIDE, INCLUDING INDIA

Microsoft's cloud services outage, which impacted US airlines and caused flight cancellations, has been resolved, but a new Crowdstrike update is believed to have caused the disruption, affecting Windows-based devices and Microsoft services like Azure and Teams

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2 mins  |
July 20, 2024
Euro dips on steady ECB rates, Dollar gains on US data
The Business Guardian

Euro dips on steady ECB rates, Dollar gains on US data

The European Central Bank’s (ECB) decision to keep interest rates steady has led to a decline in the euro, while the dollar has strengthened following positive data on the US labour market and manufacturing.

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2 mins  |
July 20, 2024
CM Bhupendra Patel: Gujarat's AI and ML efforts aligned with Centre's vision
The Business Guardian

CM Bhupendra Patel: Gujarat's AI and ML efforts aligned with Centre's vision

Gujarat Chief Minister Bhupendra Patel recently addressed the “Gujarat Semiconnect Conference-2024” in Gandhinagar, emphasizing the significance of emerging technologies in driving the state’s growth trajectory.

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1 min  |
July 20, 2024
RBI's coordination with Govt, not cheerleading, aided economic revival: Governor Das
The Business Guardian

RBI's coordination with Govt, not cheerleading, aided economic revival: Governor Das

Reserve Bank of India (RBI) Governor Shaktikanta Das has asserted that the central bank is “more than autonomous” and that it has the freedom to take decisions without any interference from the government.

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1 min  |
July 20, 2024
CHECK-IN CHAOS AT INDIAN AIRPORTS DUE TO MICROSOFT AZURE PROBLEM
The Business Guardian

CHECK-IN CHAOS AT INDIAN AIRPORTS DUE TO MICROSOFT AZURE PROBLEM

Indian airlines Indigo, Akasa Air, and SpiceJet report system disruptions due to Microsoft Azure outage, impacting check-ins, bookings, and flight updates, while Microsoft investigates and works to resolve the issue

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2 mins  |
July 20, 2024
Mutual funds attracting household savings, impacting bank liquidity
The Business Guardian

Mutual funds attracting household savings, impacting bank liquidity

In a significant trend, households are increasingly turning to capital markets and other financial intermediaries to invest their savings, rather than traditional banks.

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2 mins  |
July 20, 2024
Weekly Dollar gain hinges on US Rates, Yen's volatility
The Business Guardian

Weekly Dollar gain hinges on US Rates, Yen's volatility

The dollar held steady on Friday, poised to snap a two-week losing run, as US labour and manufacturing data kept traders pondering on the timing and magnitude of the Federal Reserve’s rate cuts this year.

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2 mins  |
July 20, 2024
Delhi-NCR housing boom, over 23,000 new units launched in H1, Gurugram leads charge
The Business Guardian

Delhi-NCR housing boom, over 23,000 new units launched in H1, Gurugram leads charge

The Delhi NCR housing market has witnessed a remarkable surge in the first half of 2024, with a record 23,265 housing units launched, surpassing the total annual launches of 2023.

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2 mins  |
July 20, 2024
Asian markets tumble as tech sell-off spreads
The Business Guardian

Asian markets tumble as tech sell-off spreads

Asian shares are poised to end the week on a dismal note, with the MSCI’s broadest index of AsiaPacific shares outside Japan plummeting 1.56% and heading for its worst week in three months with a nearly 3% loss.

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1 min  |
July 20, 2024
CCI APPROVES ACQUISITIONS OF ARJAS STEEL AND SUVEN PHARMACEUTICAL
The Business Guardian

CCI APPROVES ACQUISITIONS OF ARJAS STEEL AND SUVEN PHARMACEUTICAL

CCI approves SMIORE's expansion into steel products and Platinum Poppy's indirect investment in Suven Pharmaceuticals, granting ADIA a stake.

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2 mins  |
July 20, 2024
Indian stocks soar to record highs, Sensex tops 81,000 for the first time
The Business Guardian

Indian stocks soar to record highs, Sensex tops 81,000 for the first time

Indian stock indices scaled new heights on Thursday, with the Sensex breaching the remarkable 81,000 milestone for the very first time, buoyed by a wave of positivity sweeping through the markets.

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1 min  |
July 19, 2024
AIR INDIA PARTNERS WITH THE BICESTER COLLECTION TO OFFER SHOPPING AND DINING EXPERIENCES
The Business Guardian

AIR INDIA PARTNERS WITH THE BICESTER COLLECTION TO OFFER SHOPPING AND DINING EXPERIENCES

As part of its Flying Returns loyalty program, Air India has partnered with The Bicester Collection, a designer outlet shopping center on the outskirts of Bicester, to offer customers reward points on shopping and dining experiences at The Bicester Collection’s nine open-air luxury shopping Villages in Western Europe, Air India said in a press release.

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2 mins  |
July 19, 2024
ADB APPROVES USD 240.5 MN LOAN FOR ROOFTOP SOLAR SYSTEMS IN INDIA
The Business Guardian

ADB APPROVES USD 240.5 MN LOAN FOR ROOFTOP SOLAR SYSTEMS IN INDIA

The Asian Development Bank (ADB) has approved a loan of USD 240.5 million to finance rooftop solar systems in India, aiding the government’s efforts to expand energy access through renewable energy.

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1 min  |
July 19, 2024
Mumbai experiences heavy spells of rain; several parts of city waterlogged
The Business Guardian

Mumbai experiences heavy spells of rain; several parts of city waterlogged

Mumbai has been experiencing a heavy downpour since Thursday morning, with many parts of the city getting waterlogged, causing traffic congestion.

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1 min  |
July 19, 2024
EC ALLOWS SHIV SENA (UBT) PARTY TO ACCEPT PUBLIC CONTRIBUTIONS AHEAD OF POLLS
The Business Guardian

EC ALLOWS SHIV SENA (UBT) PARTY TO ACCEPT PUBLIC CONTRIBUTIONS AHEAD OF POLLS

The Election Commission of India on Thursday accepted the demand raised by the Shiv Sena (Uddhav Balasaheb Thackeray) party to accept public contributions in view of the upcoming assembly elections in Maharashtra.

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1 min  |
July 19, 2024
Reservation for transgender persons: Supreme Court seeks responses from 3 states, 5 UTS
The Business Guardian

Reservation for transgender persons: Supreme Court seeks responses from 3 states, 5 UTS

The Supreme Court in the case Kamlesh and Ors v. Niten Chandra and Ors observed and has sought responses from various States and Union Territories with regards to compliance with the directions given in the landmark case of NALSA v. Union Of India for devising mechanisms to give the benefit of affirmative action to the Transgender community in India.

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2 mins  |
July 19, 2024