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The Business Guardian

Paytm shares surge 5% on fresh upper circuit limit

Share to hares of One97 Communications Ltd, the owner of the Paytm brand, jumped another 5 per cent on Tuesday to hit the highest trading permissible limit for the day.

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1 min  |
February 28, 2024
The Business Guardian

US-India launch first cybersecurity drive to strengthen IT partnership

The The US Consulate, in collaboration with the Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA), launched the first-ever US-India Cyber Security Initiative to strengthen IT connections between the two countries.

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1 min  |
February 28, 2024
RBI approves Re-appointment of Ajay Kanwal as MD & CEO of Jana SFB
The Business Guardian

RBI approves Re-appointment of Ajay Kanwal as MD & CEO of Jana SFB

Jana Small Finance Bank has got approval from the Reserve Bank of India to re-appoint Ajay Kanwal as its managing director and chief executive officer for three years from March 21, 2024. His tenure will be till March 20, 2027.

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1 min  |
February 28, 2024
Centre proposes amendment in CMVR rules for LPG retrofitting
The Business Guardian

Centre proposes amendment in CMVR rules for LPG retrofitting

The Ministry of Road Transport and Highways (MORTH) has proposed amendments to the Central Motor Vehicles Rules (CMVR) to simplify and extend regulations for vehicles retrofitted with liquefied petroleum gas (LPG) kits.

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2 mins  |
February 28, 2024
Assam CM distributes land pattas to 11,483 families in Lakhimpur
The Business Guardian

Assam CM distributes land pattas to 11,483 families in Lakhimpur

Assam Chief Minister Himanta Biswa Sarma on Monday attended the Land Patta distribution event and distributed land pattas to as many as 11,483 eligible beneficiaries of Mission Basundhara 2.0 belonging to the Dhakuakhana Legislative Constituency (LAC) in Lakhimpur district.

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1 min  |
February 28, 2024
Odisha govt introduces 'Nabin Odisha Magic Card' for students
The Business Guardian

Odisha govt introduces 'Nabin Odisha Magic Card' for students

In a new initiative, the will launch the \"Nabin Odisha Magic Card\", a points-based smart card that will engage and empower the youth, enabling them to move forward and create a platform to achieve their dreams, on March 5.

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1 min  |
February 28, 2024
PM MODI TO LAUNCH PROJECTS IN YAVATMAL ON FEB 28
The Business Guardian

PM MODI TO LAUNCH PROJECTS IN YAVATMAL ON FEB 28

Prime Minister Narendra Modi participate in a public programme in Maharashtra’s Yavatmal district on Wednesday and inaugurate and dedicate

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2 mins  |
February 28, 2024
Bitcoin surges to over $57,000, Ethereum above $3,200
The Business Guardian

Bitcoin surges to over $57,000, Ethereum above $3,200

In the world of cryptocurrency, Bitcoin surged past the $57,000 mark on Tuesday, marking its highest value since December 2021. This upward trajectory was fuelled by a combination of factors, including significant demand for its exchange-traded funds (ETFs) and substantial purchases by Microstrategy. Ethereum, the second-largest cryptocurrency by market capitalization, also experienced a notable surge, surpassing $3,200 for the first time since April 2022.

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2 mins  |
February 28, 2024
India opposes inclusion of non-trade topics at WTO MC13
The Business Guardian

India opposes inclusion of non-trade topics at WTO MC13

The 13th MinisteThe rial Conference of the World Trade Organization (WTO) began in Abu Dhabi on Monday, with India opposing fragmentation of multilateral trading system and inclusion of non-trade topics at WTO MC13 and pushing for WTO backing for developing nations to overcome industrialization-era constraints led by Commerce Secretary Sunil Barthwal.

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3 mins  |
February 28, 2024
Govt to continue with reforms, industry role critical in 'Viksit Bharat goal
The Business Guardian

Govt to continue with reforms, industry role critical in 'Viksit Bharat goal

Minister of Finance Nirmala Sitharaman on Tuesday outlined the Government's strategic approach to the goal of Viksit Bharat through further reforms in the areas of electric mobility, space, artificial intelligence, AI, warehousing, logistics, tourism, green hydrogen, agriculture value addition and agriculture efficiencies.

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3 mins  |
February 28, 2024
COMMERCE MINISTER CALLS ON INDIA INC TO BOOST MANUFACTURING
The Business Guardian

COMMERCE MINISTER CALLS ON INDIA INC TO BOOST MANUFACTURING

Minister of Commerce and Industry Piyush Goyal on Tuesday called upon Indian industry to contribute to the holistic and comprehensive vision of expanding the domestic manufacturing footprint in the world and make India a Viksit Bharat by 2047 by engaging with the local industries and contributing to the end-to-end value chain. The Minister further urged industry to be 'vocal for local' and be a part of job creation, giving impetus to the service sector and tourism in the country.

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2 mins  |
February 28, 2024
Village Diets Show An Increase In Protein Consumption
The Business Guardian

Village Diets Show An Increase In Protein Consumption

As rural incomes rise due to increased economic opportunities, households are shifting their spending patterns towards more nutritious and aspirational food items.

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2 mins  |
February 27, 2024
Tata Group Plans $1-2 Bn EV IPO In 12-18 Months
The Business Guardian

Tata Group Plans $1-2 Bn EV IPO In 12-18 Months

This move signifies the Tata Group's strategic intent to monetise its investments in the fast-growing Indian EV market

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1 min  |
February 27, 2024
Massive rally in Mira Road addresses Hindu concerns
The Business Guardian

Massive rally in Mira Road addresses Hindu concerns

A colossal rally organized by the Sakal Hindu Samaj in Mira Road drew over seven thousand participants, predominantly in their twenties and thirties, who marched through the main Mira Bhayander Road on Sunday evening.

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1 min  |
February 27, 2024
Five-day-old leopard cub rejoins mother in Maharashtra operation
The Business Guardian

Five-day-old leopard cub rejoins mother in Maharashtra operation

Wildlife SOS and the Maharashtra Forest Department achieved the successful reunion of a 5-day-old male leopard cub with its mother near Kusur village in Pune’s Junnar.

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1 min  |
February 27, 2024
MURDER CASE ACCUSED GANGSTER ON RUN FOR 4 YEARS ARRESTED IN NAVI MUMBAI
The Business Guardian

MURDER CASE ACCUSED GANGSTER ON RUN FOR 4 YEARS ARRESTED IN NAVI MUMBAI

A 31-year-old member of Vikrant Deshmukh gang absconding since four years in a case of murder has been arrested in Maharashtra's Navi Mumbai township, police said on Monday.

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1 min  |
February 27, 2024
DELHI HIGH COURT REFERRED GAUTAM GAMBHIR'S DEFAMATION SUIT AGAINST PUNJAB KESARI TO MEDIATION
The Business Guardian

DELHI HIGH COURT REFERRED GAUTAM GAMBHIR'S DEFAMATION SUIT AGAINST PUNJAB KESARI TO MEDIATION

The Delhi High Court in the case Gautam Gambhir v. Punjab Kesari And Ors observed and has referred to mediation the defamation suit which is filed by former cricketer and BJP MP Gautam Gambhir against the Hindi daily newspaper Punjab Kesari and its reporters.

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2 mins  |
February 27, 2024
Red Sea tensions risk significantly higher inflation, OECD warns
The Business Guardian

Red Sea tensions risk significantly higher inflation, OECD warns

Elevated shipping costs as a result of ongoing tensions in the Red Sea could impede the global fight against inflation, the Organisation for Economic Co-operation and Development said Monday.

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2 mins  |
February 27, 2024
IT hiring down 40%, expected to rebound post june: Randstad India CEO
The Business Guardian

IT hiring down 40%, expected to rebound post june: Randstad India CEO

The current hiring scenario in the information technology (IT) industry reflects a general decline, with an estimated decree se of 3540 percent, Viswanath PS, Managing Director and CEO of talent company Randstad India.

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2 mins  |
February 27, 2024
INDIA'S POWER CONSUMPTION HITS 1,221.15 BILLION UNITS, UP BY 8%
The Business Guardian

INDIA'S POWER CONSUMPTION HITS 1,221.15 BILLION UNITS, UP BY 8%

In the fiscal year 2022-23, power consumption reached 1,504.26 billion units, surpassing the 1,374.02 billion units recorded in the financial year 2021-22.

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1 min  |
January 22, 2024
Paytm shares surge, Hit upper circuit at Rs 428
The Business Guardian

Paytm shares surge, Hit upper circuit at Rs 428

Shares of Paytm owner One97 Communications jumped 5 per cent in the morning trade on Monday after Reserve Bank asked retial payment settlement body NPCI to examine the possibility of migrating Paytm Payments Bank customers using ‘@paytm’ UPI handle to other banks.

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1 min  |
February 27, 2024
More women in car factories as technology takes hold
The Business Guardian

More women in car factories as technology takes hold

The automotive industry is witnessing a significant rise in the participation of female workers on shop floors and in traditionally male-dominated roles, fuelled by the integration of advanced technologies in manufacturing processes.

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1 min  |
February 27, 2024
BrahMos becomes Navy's main weapon after Rs 19,000 crore deal
The Business Guardian

BrahMos becomes Navy's main weapon after Rs 19,000 crore deal

Indian Navy Chief Admiral R Hari Kumar declared the BrahMos supersonic cruise missile as the Indian Navy’s primary weapon, slated to replace older missile systems sourced from other countries.

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2 mins  |
February 27, 2024
India's power demand surges, prompting higher forecast peak
The Business Guardian

India's power demand surges, prompting higher forecast peak

India has revised its forecast for peak electricity demand upward, projecting a surge to 384 gigawatts in the 12 months through March 2032, a 5% increase from the previous estimate issued in May.

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2 mins  |
February 27, 2024
PM CREDITS QUALITY CONTROL FOR TEXTILE SECTOR'S FDI SURGE
The Business Guardian

PM CREDITS QUALITY CONTROL FOR TEXTILE SECTOR'S FDI SURGE

Prime Minister Narendra Modi on Monday charted a roadmap for the further development of the Indian textile industry with focus on tradition, technology, talent and training, enhanced collaboration among various stakeholders within the textile sector so that a comprehensive resolution can be achieved to further the development of the industry.

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2 mins  |
February 27, 2024
Indian hotels poised for 7-9% revenue growth in FY25
The Business Guardian

Indian hotels poised for 7-9% revenue growth in FY25

The Indian hotel industry is poised for a promising revenue growth of seven to nine per cent in the upcoming financial year 2024-25, as indicated by a report from credit rating firm ICRA.

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2 mins  |
February 27, 2024
India's chip plans gain momentum with $21 billion proposals
The Business Guardian

India's chip plans gain momentum with $21 billion proposals

Indian government is faced with a significant decision as it evaluates $21 billion worth of semiconductor proposals, including a $9 billion plan by Israel’s Tower Semiconductor Ltd. and an $8 billion proposal by India’s Tata Group.

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2 mins  |
February 27, 2024
Apple explores smart rings and glasses for wearable market expansion
The Business Guardian

Apple explores smart rings and glasses for wearable market expansion

Apple is reportedly venturing into the development of new wearable devices, including a fitness ring, smart glasses, and AirPods with built-in cameras.

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1 min  |
February 27, 2024
PM MODI INAUGURATES 553 AMRIT BHARAT STATIONS AND UNVEILS RS 41,000 CR PROJECTS FOR INDIAN RAILWAYS
The Business Guardian

PM MODI INAUGURATES 553 AMRIT BHARAT STATIONS AND UNVEILS RS 41,000 CR PROJECTS FOR INDIAN RAILWAYS

Amrit Bharat stations across 27 states and Union Territories to undergo Rs 19,000 crore revamp, becoming urban hubs with modern amenities, eco-friendly design, and disability accessibility

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2 mins  |
February 27, 2024
Security breach at Mumbai airport as man attempts to board flight without documents
The Business Guardian

Security breach at Mumbai airport as man attempts to board flight without documents

In a concerning security lapse at Chhatrapati Shivaji International Airport, Mumbai, a 22-year-old man entered the premises without tickets or any travel-related documents on Wednesday night.

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1 min  |
February 26, 2024