CATEGORIES

Monsoon holds key for RBI's future monetary policy actions

As parts of India witness heatwaves this summer, chances of the Reserve Bank of India (RBI) cutting key interest rates have also diminished.

India's defence sector has ordering opportunities for $138 bn over 10 years

India’s defence sector holds a lucrative ordering opportunity of USD 138 billion over FY24-32 amid the escalating demand for defence equipment, technologies, and services, offering significant prospects for companies engaged in defence production and technology development, according to a report titled ‘India Defence’ by Nomura.

SURGE IN EXPORTS TO EU, PUSH INTO AFRICA, GCC SIGNAL INDIA'S SHIFT

India’s merchandise exports seem to have weathered the headwinds quite well so far amid heightened geopolitical tensions that have rendered the global environment highly uncertain but while support continues from some of its traditional large export partners such as Europe and the Gulf Cooperation Council (GCC) – as per destination-wise trade data of the Government and industry -- shipments to the US -- India’s largest exporting destination – declined marginally in fiscal 2024 which is prompting New Delhi to scout for new partners across untapped geographies.

FOCUS NEEDED ON INTEREST SUBVENTION PLAN: FIEO CEO

Director General & CEO, Federation of Indian Export Organisations (FIEO) Ajai Sahai shares with The Sunday Guardian his hope to see the interest subvention scheme find its place in the Government’s 100-day agenda and the relevance of the scheme amidst global disruptions here are some excerpts.

Australia fights Musk's platform over control of online content

In a courtroom battle that underscores the complex interplay be tween global tech giants and national regulatory frameworks, Elon Musk’s X, formerly known as Twitter, finds itself at odds with Australian law over the removal of graphic content depicting a terrorist attack.

'Cong leader alleges Modi's overtures to NCP, Sena reflect uncertainty

Maharashtra Congress president Nana Patole on Friday said Prime Minister Narendra Modi’s suggestion to opposition outfits NCP (SP) and Shiv Sena (UBT) shows he is unsure of retaining power after the Lok Sabha polls.

'Lowered level of political discourse': CM Shinde flays Pitroda over racist remark

Tearing into former Indian Overseas Congress chairman Sam Pitroda over his racist remark against Indians, Chief Minister Eknath Shinde on Friday said his statement ‘lowered’ the level of political discourse in the country.

Sharad Pawar, Uddhav should join Ajit, Shinde instead of 'dying' with Congress: PM Modi

Prime Minister Narendra Modi on Friday said the ‘’duplicate NCP and Shiv Sena’’ have made up their minds to merge with the Congress after the June 4 Lok Sabha election results, but should instead join Ajit Pawar and Eknath Shinde.

1993 MUMBAI BLASTS CONVICT CAMPAIGNING FOR MVA.' PM MODI SLAMS UDDHAV

Calling the Uddhav Thackeray's Shiv Sena (UBT) \"nakli,\" Prime Minister Narendra Modi attacked the party on Friday and said that the fake Shiv Sena people are campaigning with the convict of 1993 Mumbai bomb blasts case for the sake of the votes.

SC: Section 49 Does Not Bar Jurisdiction of Civil Courts To Determine Ownership Rights UP Consolidation Of Holdings Act

The Supreme Court in the case Prashant Singh And Ors Etc. Versus Meena And Ors.

Plea In Supreme Court Seeks ECI Action Against Alleged Hate Speeches Of PM Modi, Anurag Thakur And BJP

The Supreme Court in the case Dr. Emani Anantha Satyanarayana Sarma & Anr v. Election Commission of India & Anr observed where in the writ petition has been filed seeking directions to the Election Commission of India, ECI to initiate appropriate action against hate speeches being delivered by political campaigners, especially those which being on behalf of the Bharatiya Janata Party, BJP for the 2024 General Elections.

SUPREME COURT ORDERED STATUS QUO ON FELLING OF TREES IN DELHI 'RIDGE' FOREST; ISSUED CONTEMPT NOTICES TO OFFICIALS

The Supreme Court in the case Bindu Kapurea v. Subhasish Panda And Connected Matters observed and has issued notices wherein the contempt proceedings are initiated against government officials for the rampant felling of trees in Delhi’s Ridge Forest area in violation of its previous orders in the case M.C. Mehta v. Union of India and Ors.

PAKISTAN SEEKS $12 BILLION DEBT RELIEF TO IMPRESS IMF

Pakistan aims to rollover 12 billion debt from key allies and negotiate new financing from China to address its external financing gap, as disclosed by Finance Ministry insiders.

Record-breaking IPL 2024: Star sports draws 510 mm viewers in 51 matches

Disney Star, the broadcaster for the Indian Premier League (IPL) 2024, announced a record viewership of 510 million for the initial 51 matches.

BYJU'S SALES MISS TARGET DESPITE 30% FEE CUT

The majority of the sales team, who transitioned toa revenue-linked payout model last week, have yet to secure a Sale for any course or subscription

Amazon's new seller fees criticized as a ‘Kick in the Gut'

Amazon.com Inc. merchants are facing significant economic pressure. Earlier this year, the e-commerce giant implemented fee changes, effectively transferring more operating costs onto the small businesses that constitute the majority of its product sellers.

Nandan Nilekani: India aiming for universal AI access

Nandan Nilekani, cofounder and chairman of Infosys, stated that India prioritizes artificial intelligence (AI) applications that benefit all citizens rather than competing to develop large language models (LLMs), referring to the fundamental software of the technology.

GOVT PLANS INTERSTATE BUS ELECTRIFICATION WITH ROUTE CHARGING

The government is aiming to introduce electric buses on long-distance routes and may offer incentives to promote their adoption

India's industrial output slows to 4.9 % in March '24, manufacturing, power rise

India's factory output, measured by the Index of Industrial Production (IIP), in March 2024 posted 4.9 per cent year-on-year growth, moderating from 5.6 per cent in February 2024 and ending fiscal 2024 on a sober note. The IIP growth was led by a robust expansion in electricity even as manufacturing growth rose to a five-month high, albeit on a very low base.

Sovereign gold bonds shine as safe haven for Akshaya Tritiya, say Experts

On the auspicious occasion of Akshaya Tritiya, celebrated with traditional zeal across India, the focus on the price of gold has intensified, particularly in Delhi where gold prices surged to Rs 71,240 per 10 grams of 24k gold on Friday.

India set to join bond index, JPMorgan confirms progress

JPMorgan Chase & Co. is poised to include India in its emerging market debt index starting from June, according to Gloria Kim, the firm’s global head of index research. Kim highlighted the positive feedback received from most of the firm’s index clients, indicating readiness to trade in the Indian Government Bond (IGB) market.

India faces power crunch in June, worst shortage in over a decade

India is facing its most significant power shortfall in 14 years for June, attributed to a decline in hydropower generation and delays in commissioning new coal-fired plants.

MORE AI EXPRESS FLIGHTS TAKING OFF AS CREW RETURNS

Air India Express, under the Tata Group, is steadily resuming full operations post-strike, aiming for regularity in two days despite initial disruptions.

IDAC Mumbai 2024: Ushering in a transformative age

iDAC, the Leading Impact Platform for Changemakers of the Build Industry, organised its 5th Edition at the Jio World Convention Centre, Mumbai, from the 7th to the 9th of March 2024. For the past 5 years, iDAC has successfully set the benchmark for getting the industry's best & finest together.

AIMIM's Waris Pathan says he would have been jailed if he said what Navneet Rana did

Reacting to BJP leader Navneet Rana's \"15 seconds lagenge\" remark, AIMIM leader Waris Pathan questioned why the police and the Election Commission have not taken any \"action\" against her and claimed that if he had said something like this, he would have been \"jailed.\"

INTERNATIONAL ADI SHANKRACHARYA RESEARCH AND AWARENESS FOUNDATION ANNOUNCED ABOUT THE CELEBRATION OF 2531ST BIRTH ANNIVERSARY OF GURU ADI SHANKRACHARYA

International Adi Shankracharya Research and Awareness Foundation organised a press conference about the celebration of the 2531st birth anniversary of revered Guru Adi Shankracharya.

SUPREME COURT MAY PASS ORDER ON ARVIND KEJRIWAL'SS INTERIM BAIL ON FRIDAY

The Supreme Court in the case Arvind Kejriwal v. Directorate of Enforcement was hearing the batch of petitions challenging provisions of the CGST Act.

SUPREME COURT REQUESTS HIGH COURTS TO NOTIFY AN AUTHORITY WHO CAN ADDRESS DOUBTS AND GRIEVANCES OF CANDIDATES JUDICIAL SERVICE RECRUITMENT

The Supreme Court in the case Abhimeet Sinha And Ors.. Versus High Court Of Judicature At Patna And Ors observed and has flagged concerns about the absence of a designated authority by the High Courts which can be approached by the candidates of judicial services examinations for seeking clarification in case of any doubt.

Supreme Court Extends Interim Bail Of Hyderabad Businessman Abhishek Boinpally: Delhi Liquor Policy Case

The Supreme Court in the case Abhishek Boinpally v. Directorate of Enforcement observed and has extended the interim bail granted to Hyderabad businessman Abhishek Boinpally in the Delhi Liquor Policy case till the next hearing date.

SUPREME COURT: CONSOLIDATION OFFICER CANNOT TAKE AWAY OWNERSHIP OF TENURE HOLDER ABD GRANT IT TO ANOTHER | UP CONSOLIDATION OF HOLDINGS ACT

The Supreme Court in the case Prashant Singh And Ors. ETC. Versus Meena And Ors. Etc. observed concerning the U.P. Consolidation of Holdings Act, 1953 wherein the court held that the Consolidation Officer is not vested with the power to take away the vested title of a tenure holder and grant ownership to some other person in the property.