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The Business Guardian

SUPREME COURT: STRONGER EVIDENCE NEEDED TO SUMMON PERSON AS ADDITIONAL ACCUSED DURING TRIAL | SECTION 319 CRPC

The Supreme Court in the case Shankar Versus the State Of Uttar Pradesh And Ors. observed and has held that to summon a person as an additional accused while invoking powers as stated under Section 319 of the Code of Criminal Procedure, the degree of satisfaction is much stricter.

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3 mins  |
May 07, 2024
The Business Guardian

SUPREME COURT FRAMED ISSUES TO CONSIDER, HEARING IN JULY 2024: CHALLENGE TO SURROGACY LAW

The Supreme Court in the case Arun Muthuvel v. Union of India observed and has elucidated the issues it would be considering in a batch of petitions filed challenging provisions of the Surrogacy, the Regulation Act, 2021 and the Surrogacy, Regulation Rules, 2022.

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2 mins  |
May 07, 2024
INDIA'S INDIGO ORDERS 30 AIRBUS A350 WIDEBODY AIRCRAFT
The Business Guardian

INDIA'S INDIGO ORDERS 30 AIRBUS A350 WIDEBODY AIRCRAFT

While the Airbus A320 Family is supporting the democratisation of air travel in India, the A350 has become the reference aircraft to unlock the true potential of the international market for the Indian carriers.

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2 mins  |
May 07, 2024
The Business Guardian

Titan Co selects three CEO candidates; CK Venkataraman to step down in 2025

Titan Company finds itse lf struggling with another leadership transition, marking the fourth instance in its 40year history, as the Tata Group subsidiary initiates the search for a new chief executive officer (CEO) prior to the imminent departure of its third CEO, C K Venkataraman.

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1 min  |
May 07, 2024
MARCH BANKING TRENDS: BUSINESS LOANS BOOM, PERSONAL LOANS SLOW AFTER HDFC MERGER
The Business Guardian

MARCH BANKING TRENDS: BUSINESS LOANS BOOM, PERSONAL LOANS SLOW AFTER HDFC MERGER

Business loans boom, personal loans slows down: March banking trends after HDFC merger. According to CareEdge Ratings, gross bank credit

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1 min  |
May 07, 2024
Online learning and tuition hikes to boost revenue, says Ind-Ra
The Business Guardian

Online learning and tuition hikes to boost revenue, says Ind-Ra

India Ratings and Research (Ind-Ra) has provided a positive outlook for the education sector for the financial year 2024-25, citing factors such as growing enrolments and increasing tuition fees per student as key drivers.

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1 min  |
May 07, 2024
MORE VOTERS CAST BALLOTS DESPITE LOW TURNOUT” CLAIMS, SAYS SBI RESEARCH
The Business Guardian

MORE VOTERS CAST BALLOTS DESPITE LOW TURNOUT” CLAIMS, SAYS SBI RESEARCH

Despite concerns of declining voter engagement by percentage turnout, analysis underscores the importance of evaluating voting patterns by absolute numbers, revealing a significant increase with 20.7 crore voters in 2024 compared to 20.6 crore in 2019.

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1 min  |
May 07, 2024
Indian airlines to carry 50 of India’s global traffic by FY28
The Business Guardian

Indian airlines to carry 50 of India’s global traffic by FY28

The share of Indian air carriers in international passenger traffic originating from, terminating in, or transitioning through India is set to surge 700 basis points (bps) to 50 per cent by fiscal 2028 from 43 per cent in fiscal 2024, driven by airlines deploying additional aircraft and adding new routes in the international segment, as well as their inherent advantage of superior domestic connectivity compared with foreign carriers.

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2 mins  |
May 07, 2024
The Business Guardian

ICICI Bank makes UPI payments easier for NRIs with international numbers

ICICI Bank, a leading private sector bank in India, has unveiled a groundbreaking initiative aimed at enhancing the convenience and accessibility of digital payments for its Non-Resident Indian (NRI) customers.

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1 min  |
May 07, 2024
Raymond on track to be among top 3 global suit makers, says CFO
The Business Guardian

Raymond on track to be among top 3 global suit makers, says CFO

Raymond, a leading garment manufacturer and retailer, is set to invest nearly Rs 200 crore to expand its capacity by one-third, aiming to solidify its position as the third-largest suit maker globally.

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2 mins  |
May 07, 2024
The Business Guardian

SERVICES SECTOR POSTS SHARPEST EXPANSION IN 14 YRS, RECORD EXPORTS

Business activity increased across the four sub-categories monitored by the survey, led by steep growth in finance and insurance.

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3 mins  |
May 07, 2024
Air India Lowers Cabin Baggage Allowance To 15 Kg For Lowest Fare Tier
The Business Guardian

Air India Lowers Cabin Baggage Allowance To 15 Kg For Lowest Fare Tier

Air India, amidst its financial challenges, has adjusted the complimentary cabin baggage allowance for its lowest economy fare tier on domestic flights from 20 kilograms to 15 kilograms.

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1 min  |
May 06, 2024
Boeing Set To Launch Astronauts In New Capsule
The Business Guardian

Boeing Set To Launch Astronauts In New Capsule

Boeing is finally poised to launch astronauts to the International Space Station for NASA after years of delays and stumbles

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1 min  |
May 06, 2024
Exploring The Impact Of Technology On The Fashion Industry
The Business Guardian

Exploring The Impact Of Technology On The Fashion Industry

This article aims to delve into the profound impact of technology on fashion, examining how it has revolutionised design, manufacturing, retail, and consumer experiences.

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2 mins  |
May 06, 2024
Warren Buffett Sees India's Untapped Potential, Warns Of AI's Nuclear Weapon Parallels
The Business Guardian

Warren Buffett Sees India's Untapped Potential, Warns Of AI's Nuclear Weapon Parallels

Legendary investor and Berkshire Hathaway Chairman and CEO Warren Buffett made headlines recently for his dual focus on India’s economic potential and his concerns regarding the ramifications of generative AI.

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1 min  |
May 06, 2024
US tech industry can't survive without Indians: SVC Chamber of Commerce CEO
The Business Guardian

US tech industry can't survive without Indians: SVC Chamber of Commerce CEO

According to Harbir K Bhatia, CEO of the Silicon Valley Central Chamber of Commerce, Indians play a crucial role in driving innovation in Silicon Valley, and the tech industry in America heavily relies on their contributions.

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1 min  |
May 06, 2024
The Business Guardian

MVA utilises social engineering in South Mumbai as SP MLA engages with Shiv Sena (UBT)

Ahead of the Lok Sabha polls, the Maha Vikas Aghadi (MVA) is employing social engineering tactics in South Mumbai.

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1 min  |
May 06, 2024
The Business Guardian

SUPREME COURT: MERITORIOUS CANDIDATES OF RESERVED CATEGORY NOT AVAILING RESERVATION BENEFITS SHOULD BE TREATED AS GENERAL CATEGORY

The Supreme Court in the case Deependra Yadav and others Versus State of Madhya Pradesh and others observed that if the meritorious candidates from the reserved category had not availed any reservation benefit or relaxation, then such reserved category candidates would be treated at par with unreserved or general category candidates on the strength of their marks.

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3 mins  |
May 06, 2024
MUMBAI NORTH CENTRAL LS SEAT: BJP'S GAIKWAD TAKES ON CONG'S NIKAM IN ‘MINI MUMBAI'
The Business Guardian

MUMBAI NORTH CENTRAL LS SEAT: BJP'S GAIKWAD TAKES ON CONG'S NIKAM IN ‘MINI MUMBAI'

If Mumbai is ‘’mini India’’, then the Mumbai North Central Lok Sabha seat is ‘’mini Mumbai’’, home to film stars and celebrities living in posh areas like Bandra and Khar as well as migrants and labourers living in the bylanes of Kurla.

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2 mins  |
May 06, 2024
Raut accused by Swapna Patkar
The Business Guardian

Raut accused by Swapna Patkar

Swapna Patkar, a key witness in the Enforcement Directorate’s investigation into the Patra Chawl redevelopment case involving Shiv Sena (UBT) MP Sanjay Raut, penned a letter to Deputy Chairperson of the Legislative Council, Neelam Gore, on Saturday, alleging harassment by Raut towards her and her family.

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1 min  |
May 06, 2024
MVA utilises social engineering in South Mumbai as SP MLA engages with Shiv Sena (UBT)
The Business Guardian

MVA utilises social engineering in South Mumbai as SP MLA engages with Shiv Sena (UBT)

Ahead of the Lok Sabha polls, the Maha Vikas Aghadi (MVA) is employing social engineering tactics in South Mumbai. In a notable move, Rais Shaikh, a Samajwadi Party (SP) MLA, has initiated visits to Shiv Sena (UBT) Shakhas alongside his party activists as part of their campaign strategy to foster cohesion between Sena activists and the Muslim community.

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1 min  |
May 06, 2024
The Business Guardian

SUPREME COURT ISSUED CONTEMPT NOTICE TO TWO NCDRC MEMBERS FOR ISSUING WARRANTS IGNORING SUPREME COURT'S STAY ORDER

The Supreme Court in the case Ireo Grace Realtech Pvt Ltd vs Sanjay Gopinath observed and has issued contempt notice to two members of the National Consumer Dispute Redressal Commission, NCDRC for issuing the nonbailable warrants ignoring an interim order passed by the Supreme Court.

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2 mins  |
May 06, 2024
The Business Guardian

DELHI COURT TRANSFERRED PMLA CASE AFTER ACCUSED ALLEGES JUDGE COMMENTED 'ED MATTERS ME KAUNSI BAIL HOTI HAIN'

The Delhi Court in the case observed and has transferred proceedings initiated in the Bhushan Steel money laundering case from one judge to another, after one of the accused alleged that the judge passed a comment expressing ‘ED matters me kaun si bail hoti hai?’

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3 mins  |
May 06, 2024
BANK OF ENGLAND'S RATE CUT PLAN SET TO DIFFER FROM FEDERAL RESERVE'S
The Business Guardian

BANK OF ENGLAND'S RATE CUT PLAN SET TO DIFFER FROM FEDERAL RESERVE'S

Bank of England might be cutting interest rates ahead of the US Federal Reserve. Tune into this detailed analysis to understand the key

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4 mins  |
May 06, 2024
Pakistan: Milk price soars to PKR 210 per litre in Karachi
The Business Guardian

Pakistan: Milk price soars to PKR 210 per litre in Karachi

The price of milk at Karachi in fiscally-stressed Pakistan shot up to 10 per litre after the city’s commissioner approved a hike, acceding to the demands of the Dairy Farmers Association.

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2 mins  |
May 06, 2024
Go first's plane-less situation 'Painful'; hopes for tailwind muted
The Business Guardian

Go first's plane-less situation 'Painful'; hopes for tailwind muted

Last May, it all started with flight suspension for just three days and “an unfortunate decision” of voluntary insolvency resolution option taken to protect the airline’s interests.

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2 mins  |
May 06, 2024
Mcap of 6 out of top 10 companies drops by Rs 68,417 crore; Airtel biggest laggard
The Business Guardian

Mcap of 6 out of top 10 companies drops by Rs 68,417 crore; Airtel biggest laggard

Last week, amidst a holiday-shortened period, the combined market capitalization of six out of the top 10 most valued companies witnessed a decline of Rs 68,417.14 crore, with Bharti Airtel and Reliance Industries bearing the brunt of the downturn.

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1 min  |
May 06, 2024
Sunflower Oil Refiners expected to experience 8-10% dip in volume, yet operational margins poised for recovery in FY25
The Business Guardian

Sunflower Oil Refiners expected to experience 8-10% dip in volume, yet operational margins poised for recovery in FY25

Indian refined sunflower oil volumes are projected to witness a decline of 8–10 percent in FY25 amid a decline in demand for sunflower oil.

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1 min  |
May 06, 2024
India, Nigeria look to early deal on local currency settlement system
The Business Guardian

India, Nigeria look to early deal on local currency settlement system

India and Nigeria have decided to finalise local currency settlement system agreement soon and have identified several areas of focus for economic cooperation that includes digital economy and digital public infrastructure, crude oil and natural gas, and pharmaceuticals. The decisions follow the 2nd session of India-Nigeria Joint Trade Committee held in Abuja on Thursday.

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2 mins  |
May 06, 2024
India, New Zealand take up market access, NTB issues, bat for deeper ties
The Business Guardian

India, New Zealand take up market access, NTB issues, bat for deeper ties

India and New Zealand are set to deepen collaboration in pharma, agriculture and food processing industries and enhance services sector trade after a delegation led by Commerce Secretary Sunil Barthwal held a number of constructive and outcome-oriented meetings in New Zealand to work on ways to deepen the existing bilateral relations, the Commerce Ministry said on Friday

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2 mins  |
May 06, 2024