CATEGORIES

Made in India, army cuts ammo imports
The Business Guardian

Made in India, army cuts ammo imports

The Make in India policy has played a pivotal role in promoting indigenisation in the defence sector, particularly in ammunition production, leading to a significant reduction in the Indian Army’s reliance on imports to fulfil its requirements.

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1 min  |
May 18, 2024
KEJRIWAL RESPONDS TO PM MODI'S CRITIQUE: 'WHY CAN'T WOMEN GET FREE BUS RIDES?"
The Business Guardian

KEJRIWAL RESPONDS TO PM MODI'S CRITIQUE: 'WHY CAN'T WOMEN GET FREE BUS RIDES?"

Kejriwal shared a video where PM Modi argues that free bus rides reduce Metro ridership by 50%, making it economically impractical.

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2 mins  |
May 18, 2024
The Business Guardian

Jaishankar seeks 'more than business -as-usual' to tackle global challenges

Minister of External Affairs, S Jaishankar, on Friday set out India’s strategy to mitigate the impact of some of the geopolitical realities that the word is faced with today – including the Russia-Ukraine conflict, an escalation of the Iran-Israel conflict that can potentially spread to the Middle East, the three crises of fuel, food and fertilizer -- while continuing to stabilise the world.

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1 min  |
May 18, 2024
UN raises India's 2024 growth forecast to nearly 7%
The Business Guardian

UN raises India's 2024 growth forecast to nearly 7%

The United Nations has revised its growth projections for India’s economy in 2024, now forecasting an expansion of close to seven percent. This upward revision, detailed in the World Economic Situation and Prospects (WESP) mid-2024 report released on Thursday, attributes the robust growth to strong public investment and resilient private consumption.

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2 mins  |
May 18, 2024
Grow your money safely, the beginner's guide to fixed deposits
The Business Guardian

Grow your money safely, the beginner's guide to fixed deposits

Venturing into the world of investments can be intimidating, especially for beginners faced with the complexities of financial instruments and market volatility. However, there is a reliable and secure option available: Fixed Deposits (FDs).

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2 mins  |
May 18, 2024
India needs its own global giants like JP Morgan and Citibank, says Niti Aayog CEO
The Business Guardian

India needs its own global giants like JP Morgan and Citibank, says Niti Aayog CEO

India requires its own global financial giants akin to JP Morgan and Citibank, according to B V R Subrahmanyam, CEO of Niti Aayog. Speaking at the CII Annual Business Summit 2024 in New Delhi, Subrahmanyam emphasized the necessity of financial services reforms to achieve this vision.

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2 mins  |
May 18, 2024
SITHARAMAN CALLS FOR PROACTIVE GOVTINDUSTRY ALLIANCES TOWARDS DEVELOPED INDIA
The Business Guardian

SITHARAMAN CALLS FOR PROACTIVE GOVTINDUSTRY ALLIANCES TOWARDS DEVELOPED INDIA

Finance Minister highlights policy stability, facilitative policies as key attractions for investors looking to India

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3 mins  |
May 18, 2024
Elon Musk To Launch Starlink In Indonesia
The Business Guardian

Elon Musk To Launch Starlink In Indonesia

According to state meAdia, SpaceX founder Elon Musk will visit Indonesia to oversee the launch of the company's Starlink internet satellite service in the country on May 19.

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1 min  |
May 17, 2024
Blinken Announces 2 Bn Military Aid For Kyiv, Limits Use To Ukraine
The Business Guardian

Blinken Announces 2 Bn Military Aid For Kyiv, Limits Use To Ukraine

The Biden administration, during US Secretary of State Antony Blinken's recent visit to Kyiv, announced plans to provide additional military aid worth USD 2 billion to Ukraine amidst its ongoing conflict with Russia, as reported by the Washington Post.

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2 mins  |
May 17, 2024
BMW Launches X3 X Drive20d M Sport Shadow Edition In India
The Business Guardian

BMW Launches X3 X Drive20d M Sport Shadow Edition In India

The BMW X3 xDrive20d TM Sport Shadow Edition has been launched in India today. This special edition of the successful SAV, BMW X3, is available in the diesel variant at all BMW India dealerships and BMW Online shop from today onwards.

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1 min  |
May 17, 2024
China Vows Firm Response To US Tariff Hike
The Business Guardian

China Vows Firm Response To US Tariff Hike

Voice Voice of America (VOA) reported that in response to the US's decision to raise tariffs on imports from China, Chinese officials have strongly vowed to retaliate, emphasizing that this action will significantly impact bilateral cooperation with the US.

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2 mins  |
May 17, 2024
Bombay High court rules against slander campaign on Malabar Group
The Business Guardian

Bombay High court rules against slander campaign on Malabar Group

The Bombay High Court has, on Thursday, May 9th, issued a strong verdict against those defaming and disseminating misinformation across social media platforms against Malabar Group's scholarship programme that provided education scholarships to 77,000 underprivileged girl students across the country.

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2 mins  |
May 17, 2024
Reliance Retail Teams Up with UK’s ASOS for Indian Market
The Business Guardian

Reliance Retail Teams Up with UK’s ASOS for Indian Market

Real etail, India's foremost retailer, and ASOS, the UK's premier online fashion destination for individuals in their twenties, announced a long-term collaboration aimed at revolutionizing India's fashion scene.

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1 min  |
May 17, 2024
INDIA EMERGES AS A GLOBAL MANUFACTURING HUB," SAYS ASHWINI VAISHNAW
The Business Guardian

INDIA EMERGES AS A GLOBAL MANUFACTURING HUB," SAYS ASHWINI VAISHNAW

India is becoming the manufacturing hub of the world says Union Minister Ashwini Vaishnaw while speaking at the event Viksit Bharat

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2 mins  |
May 17, 2024
The Business Guardian

SUPREME COURT REJECTS PLEA T0 ABORT 30-WEEK PREGNANCY: WHAT ABOUT RIGHT OF CHILD IN WOMB?

The Supreme Court in the case H versus Union of India And Anr observed and has dismissed the petition filed by women wherein seeking termination of her pregnancy which crossed 30 weeks of gestational age.

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1 min  |
May 17, 2024
The Business Guardian

Delhi High Court: Public Policy While Considering Enforcement Of Foreign Awards Has To Be Constructed Narrowly, In Consonance With International Notions [Arbitration Act]

The Delhi High Court in the case Mercator Ltd. Vs Dredging Corporation Of India Ltd And Connected Matters observed and has held that the public policy argument while considering enforcement of foreign awards has to be construed narrowly and in consonance with international notions of public policy.

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3 mins  |
May 17, 2024
SENIOR ADVOCATE KAPIL SIBAL ELECTED AS PRESIDENT OF SUPREME COURT BAR ASSOCIATION
The Business Guardian

SENIOR ADVOCATE KAPIL SIBAL ELECTED AS PRESIDENT OF SUPREME COURT BAR ASSOCIATION

Senior Advocate Kapil Sibal has won the election to the post of the President of the Supreme Court Bar Association.

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1 min  |
May 17, 2024
YOUTUBE BLOCKS HONG KONG PROTEST SONG VIDEOS AFTER COURT RULING
The Business Guardian

YOUTUBE BLOCKS HONG KONG PROTEST SONG VIDEOS AFTER COURT RULING

YouTube has announced its decision to restrict access to videos featuring performances of the banned protest song Glory to Hong Kong” in Hong

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1 min  |
May 17, 2024
Indian container cargo set to grow 8% amid Red Sea Crisis: CareEdge ratings
The Business Guardian

Indian container cargo set to grow 8% amid Red Sea Crisis: CareEdge ratings

India's coal cargo throughput at ports is estimated to grow at a CAGR of 3-4 per cent from FY24 to FY26, despite an anticipated decline in coal imports by 2-3 per cent, CareEdge Ratings projected in its recent report.

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1 min  |
May 17, 2024
RUPEE 112 AIMS FOR RS 1000 CR REVENUE, 3L LOANS BY FY2027
The Business Guardian

RUPEE 112 AIMS FOR RS 1000 CR REVENUE, 3L LOANS BY FY2027

Having launched its tailor-made and customer-centric innovative financial solutions, Rupeel12, an RBI-registered lending non-banking financial company

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2 mins  |
May 17, 2024
Celebrate walnuts and their goodness
The Business Guardian

Celebrate walnuts and their goodness

As the scorching heat of summer envelops us, there are ample reasons to find joy in the season. Despite the challenges posed by the current health situation, summer brings with it an array of delights, from the warm sunshine to the abundance of seasonal fruits and vegetables.

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1 min  |
May 17, 2024
The Business Guardian

SC curbs ED’s arrest powers in PMLA cases after court takes charge

The Supreme Court delivered a significant ruling on Thursday, stating that the Enforcement Directorate (ED) is not empowered to arrest an accused under Section 19 of the Prevention of Money Laundering Act (PMLA) once a special court has taken cognisance of a money laundering complaint. Justices Abhay S. Oka and Ujjal Bhuyan presided over the Bench, which clarified that if an accused responds to a summons and appears before a court, the ED must seek custody through the appropriate legal channels.

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2 mins  |
May 17, 2024
PM MODI PRAISES YOGI JI FOR ENFORCING SWACCHTA ABHIYAN” AGAINST RIOTERS IN AZAMGARH
The Business Guardian

PM MODI PRAISES YOGI JI FOR ENFORCING SWACCHTA ABHIYAN” AGAINST RIOTERS IN AZAMGARH

Modi’sendorsement of Adityanath’s governance approach is astrategic move aimed at bolstering support for the BJP ahead of the crucial Uttar Pradesh elections.

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2 mins  |
May 17, 2024
The Business Guardian

Paytm added to small-cap index by MSCI, attracting potential inflows

One97 Communications, the parent company of the popular fintech brand Paytm, has achieved a significant milestone by being included in the MSCI Emerging Markets Small Cap Index.

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2 mins  |
May 17, 2024
BSF seizes gold biscuits at Indo-Bangladesh border, arrests Indian national
The Business Guardian

BSF seizes gold biscuits at Indo-Bangladesh border, arrests Indian national

Border Security Force (BSF) personnel appre hended an Indian national with gold biscuits in the Indo-Bangladesh border area following a tip-off.

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2 mins  |
May 17, 2024
RBI warns NBFCs to stay alert for financial system risks
The Business Guardian

RBI warns NBFCs to stay alert for financial system risks

Deputy Governor SwamiBank of India (RBI) emphasized the imperative for NonBanking Financial Companies (NBFCs) to bolster their governance and assurance functions while remaining vigilant against potential risks and vulnerabilities.

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2 mins  |
May 17, 2024
India cuts oil windfall tax again, now down to Rs 5,700 per tonne
The Business Guardian

India cuts oil windfall tax again, now down to Rs 5,700 per tonne

The central government has implemented a reduction in the windfall tax imposed on crude petroleum, as per a recent government notification.

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2 mins  |
May 17, 2024
GOVERNMENT E-MARKETPLACE RECORDS STRONG START IN NEW FISCAL WITH INR 8.57 LAKH CR GMV
The Business Guardian

GOVERNMENT E-MARKETPLACE RECORDS STRONG START IN NEW FISCAL WITH INR 8.57 LAKH CR GMV

GeM, launched in 2016 by the commerce ministry, aims to bridge buyer-seller gaps through a digital marketplace, enhancing procurement across sectors

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2 mins  |
May 17, 2024
AAP Criticizes PM Modi Over High Wholesale Inflation
The Business Guardian

AAP Criticizes PM Modi Over High Wholesale Inflation

Huge gift to people aap slams PM Modi on high wholesale inflation rate Huge gift to people’: AAP slams PM Modi on high wholesale

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1 min  |
May 16, 2024
India And Iran Vow To Deepen Maritime Ties
The Business Guardian

India And Iran Vow To Deepen Maritime Ties

The The Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, currently visiting Tehran for the signing ceremony of a long-term cooperation agreement between Iran and India, engaged in discussions with Iranian Foreign Minister Hossein Amirabdollahian.

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2 mins  |
May 16, 2024