CATEGORIES

$1 billion counterfeit scheme, Tech CEO sentenced
The Business Guardian

$1 billion counterfeit scheme, Tech CEO sentenced

Miami-based chief executive Onur Aksoy has been sentenced to over six years in prison for orchestrating a counterfeit Cisco equipment scam.

time-read
2 mins  |
May 04, 2024
SENSEX SHEDS 700 POINTS IN WIDESPREAD SELL-OFF, NIFTY FALLS
The Business Guardian

SENSEX SHEDS 700 POINTS IN WIDESPREAD SELL-OFF, NIFTY FALLS

BSE Sensex plummeted 732.96 points to 73,878.15, NSE Nifty fell 172.35 points to 22,475.85, despite touching record highs.

time-read
2 mins  |
May 04, 2024
X Announces Grok Rolling To Premium+ Subscribers
The Business Guardian

X Announces Grok Rolling To Premium+ Subscribers

In a groundbreaking announcement, social media platform X revealed that Elon Musk’s artificial intelligence venture, xAI, is set to launch Grok exclusively for Premium Plus subscribers in the United States next week.

time-read
3 mins  |
May 03, 2024
Uddhav Thackeray Expresses Regret For Past Support Of Modi
The Business Guardian

Uddhav Thackeray Expresses Regret For Past Support Of Modi

Shiv Sena (UBT) chief Uddhav Thackeray on Wednesday said the Narendra Modi government has betrayed Maharashtra, and he apologises to the people for seeking votes for the prime minister in earlier elections.

time-read
1 min  |
May 03, 2024
Salman Khan's Firing Case: 'Conspiracy', Says SS (UBT) Leader On Accused's Alleged Suicide
The Business Guardian

Salman Khan's Firing Case: 'Conspiracy', Says SS (UBT) Leader On Accused's Alleged Suicide

Shiv Sena (UBT) leader Anand Dubey has raised suspicions of a "big conspiracy" following the death of Anuj Thapan, one of the accused involved in the firing incident at actor Salman Khan's residence.

time-read
3 mins  |
May 03, 2024
LEGAL TAX-SAVING STRATEGIES: HUF, LLP, INFRA BONDS, AND MORE
The Business Guardian

LEGAL TAX-SAVING STRATEGIES: HUF, LLP, INFRA BONDS, AND MORE

This lowers the tax rate for each portion, potentially reducing the overall tax rate from 30% to 5% or 10% for each member, saving a significant amount in taxes

time-read
3 mins  |
May 03, 2024
Air India's Airbus A350 marks International debut
The Business Guardian

Air India's Airbus A350 marks International debut

Air India has recently launched flights on the highly sought-after Delhi-Dubai route, marking the international debut of its newly acquired Airbus A350900 aircraft.

time-read
2 mins  |
May 03, 2024
The Business Guardian

DELHI HIGH COURT GRANTS POLICE PROTECTION TO TRANSGENDER PERSON FOR FILING NOMINATION FOR LOK SABHA POLLS

The Delhi High Court Rajan Singh v. The State Of Govt Of NCT Delhi Ans Others observed and has granted police protection to a transgender person for filling up the nomination form in the upcoming Lok Sabha Elections as a candidate being from South Delhi Parliamentary Constituency.

time-read
2 mins  |
May 03, 2024
Sharad Pawar admits lack of consultation for Sangli Lok Sabha candidate selection
The Business Guardian

Sharad Pawar admits lack of consultation for Sangli Lok Sabha candidate selection

Nationalist Congress Party (SP) chief Sharad Pawar on Thursday admitted the candidate for Sangli Lok Sabha seat was announced without consultation between constituents of the Maha Vikas Aghadi.

time-read
1 min  |
May 03, 2024
LS polls: BJP likely to lose due to public discontent, predicts Patole
The Business Guardian

LS polls: BJP likely to lose due to public discontent, predicts Patole

The BJP-led Centre has robbed the people through the Goods and Services Tax (GST) and ruined the country by selling public enterprises in the past ten years, Congress Maharashtra president Nana Patole has claimed.

time-read
1 min  |
May 03, 2024
The Business Guardian

SUPREME COURT RESERVED JUDGEMENT: ARE SECTION 45 BAIL CONDITIONS APPLICABLE TO ACCUSED WHO APPEARS BEFORE COURT AS PER SUMMONS? | PMLA

The Supreme Court in the case Tarsem Lal v. Directorate of Enforcement Jalandhar Zonal Office and other connected matters observed and has reserved the Judgment on the issue whether an accused in a money laundering case is required to fulfil the twin conditions for bail under Section 45 of the Prevention of Money Laundering Act, PMLA when he executes a bond for appearance before the Special Court in pursuance of a summons issued to him.

time-read
3 mins  |
May 03, 2024
HIROKAZU MATSUNO ALLEGEDLY RECEIVED 10 MILLION YEN IN KICKBACKS
The Business Guardian

HIROKAZU MATSUNO ALLEGEDLY RECEIVED 10 MILLION YEN IN KICKBACKS

Matsuno belongs to the ruling Liberal Democratic Party’s largest faction, formerly headed by Prime Minister Shinzo Abe, which has been recently suspected to have pooled secret funds amounting to over 100 million yen

time-read
4 mins  |
May 03, 2024
ICICI Bank denies CEO Sandeep Bakhshi resignation report
The Business Guardian

ICICI Bank denies CEO Sandeep Bakhshi resignation report

ICICI Bank refuted claims made in an article by a new portal suggesting that its Managing Director (MD) and Chief Executive Officer (CEO), Sandeep Bakhshi, is contemplating resignation.

time-read
1 min  |
May 03, 2024
Indian oil resumes purchasing Russian crude on sovcomflot ships
The Business Guardian

Indian oil resumes purchasing Russian crude on sovcomflot ships

Indian Oil Corp, has resumed the purchase of Russian crude oil transported by a Sovcomflot PJSC tanker this week, signaling a potential restoration of oil trade between the two countries.

time-read
1 min  |
May 03, 2024
LENDERS SEEK RBI NOD TO TRANSFER JAIPRAKASH ASSOCIATES LOAN TO NARCL
The Business Guardian

LENDERS SEEK RBI NOD TO TRANSFER JAIPRAKASH ASSOCIATES LOAN TO NARCL

SBI-led lenders seek RBI approval to transfer JAL’s Rs 18,000 crore debt to NARCL for a Rs 10,000 crore acquisition

time-read
2 mins  |
May 03, 2024
NPCI International to aid Namibia in developing UPIlike instant payment system
The Business Guardian

NPCI International to aid Namibia in developing UPIlike instant payment system

NPCI International Payments Limited (NIPL) has entered into an agreement with the Bank of Namibia (BoN) to assist in the development of an instant payment system akin to Unified Payment Interface (UPI) for Namibia, according to a statement.

time-read
1 min  |
May 03, 2024
Unorganized sector pension planattracts just 5 mm subscribers in 5 years
The Business Guardian

Unorganized sector pension planattracts just 5 mm subscribers in 5 years

Since its launch in March 2019, the government’s primary pension scheme for unorganized sector workers, Pradhan Mantri Shram Yogi Maandhan (PMSYM) yojana, has garnered just over 5 million subscribers.

time-read
2 mins  |
May 03, 2024
Andhra Tobacco prices set to surge following crop failures in Brazil and Indonesia
The Business Guardian

Andhra Tobacco prices set to surge following crop failures in Brazil and Indonesia

Tobacco farmers in Andhra Pradesh are poised to gain following decreased crop yields in Brazil, Zimbabwe, and Indonesia due to adverse weather conditions.

time-read
1 min  |
May 03, 2024
India's economy to expand 6.6% over two years
The Business Guardian

India's economy to expand 6.6% over two years

India’s GDP growth forecast for the just concluded financial year 2023-24 stands at a robust 7.8 percent, as per the latest Economic Outlook by the Organisation for Economic Co-operation and Development (OECD).

time-read
1 min  |
May 03, 2024
Digital surveys with AI to improve crop acreage estimates
The Business Guardian

Digital surveys with AI to improve crop acreage estimates

India is poised to revolutionize its agricultural statistics system through the implementation of routine digital crop surveys, bolstered by advanced analytics and artificial intelligence (AI) capabilities.

time-read
2 mins  |
May 03, 2024
GOVT CRACKS DOWN ON SPICE QUALITY AFTER MDH, EVEREST CONTROVERSY
The Business Guardian

GOVT CRACKS DOWN ON SPICE QUALITY AFTER MDH, EVEREST CONTROVERSY

Uttarakhand’s Commissioner of Food Safety mandates comprehensive testing of locally manufactured spices to ensure top quality and restore consumer trust.

time-read
2 mins  |
May 03, 2024
Maharashtra State Armwrestling Championship 2024: Dara Singh Handa reigns supreme
The Business Guardian

Maharashtra State Armwrestling Championship 2024: Dara Singh Handa reigns supreme

Nagpur's Dara Singh Handa emerged as Champion of Champion winner in the Senior Men's category (Senior Right-Hand category) at the 35th Maharashtra State Armwrestling Championship 2024, which was held at Karmaveer Dadasaheb Kannamwar Engineering College, Nagpur.

time-read
1 min  |
May 02, 2024
CM and Deputy CM pay tribute to those who lost lives for Samyukta Maharashtra Movement
The Business Guardian

CM and Deputy CM pay tribute to those who lost lives for Samyukta Maharashtra Movement

Maharashtra Chief Minister Eknath Shinde paid tribute to those who sacrificed their lives for the Samyukta Maharashtra Movement at Hutatma Chowk on the occasion of the 64th Maharashtra Foundation Day in Mumbai on Wednesday.

time-read
1 min  |
May 02, 2024
'Congress does not have anything except fake narratives,' says Piyush Goyal
The Business Guardian

'Congress does not have anything except fake narratives,' says Piyush Goyal

Union Minister and Bharatiya Janata Party (BJP) candidate from Mumbai North Lok Sabha seat Piyush Goyal hailed Prime Minister Narendra Modi and launched a scathing attack on the Congress party saying that it is finished.

time-read
1 min  |
May 02, 2024
Supreme Court Rejected Plea To Postpone CA Exams Due To Lok Sabha Elections, Says Will Affect Over 4 Lakh Students
The Business Guardian

Supreme Court Rejected Plea To Postpone CA Exams Due To Lok Sabha Elections, Says Will Affect Over 4 Lakh Students

The Supreme Court in the case Varad Balwant Vasant And Ors observed and has rejected the petition to postpone the CA exams held by the Institute of Chartered Accountants of India, ICAI in view of Lok Sabha elections.

time-read
1 min  |
May 02, 2024
RIPPLES OF COVID-19 STILL BEING FELT
The Business Guardian

RIPPLES OF COVID-19 STILL BEING FELT

There is suddenly major hue and cry over the British-Swedish pharmaceutical company AstraZeneca's admission in court that its anti Covid vaccine, which has been manufactured and marketed in India as Covishield, may have some rare side-effects of blood clotting known as TTS, apart from loss of platelets.

time-read
3 mins  |
May 02, 2024
EXPERTS CAUTION PAKISTAN ABOUT WORSENING FOOD INSECURITY CRISIS, ADVOCATE PRIORITIZING QUALITY SEED PRODUCTION
The Business Guardian

EXPERTS CAUTION PAKISTAN ABOUT WORSENING FOOD INSECURITY CRISIS, ADVOCATE PRIORITIZING QUALITY SEED PRODUCTION

Agricultural experts have raised concerns about the escalating food insecurity crises, emphasising the urgent need for high-quality seeds in farming practices, The Express Tribune reported.

time-read
1 min  |
May 02, 2024
PAKISTAN AIMS TO SETTLE PKR 550 BILLION DEBTS OWED TO CHINESE POWER PRODUCERS AHEAD OF PM SHARIF'S TRIP TO BEIJING
The Business Guardian

PAKISTAN AIMS TO SETTLE PKR 550 BILLION DEBTS OWED TO CHINESE POWER PRODUCERS AHEAD OF PM SHARIF'S TRIP TO BEIJING

Chinese power dues currently stand close to PKR 550 billion, with disruptions observed in timely payments under the revolving fund in recent months.

time-read
2 mins  |
May 02, 2024
Microsoft invests in OpenAl over concerns of Google's lead
The Business Guardian

Microsoft invests in OpenAl over concerns of Google's lead

An internal email disclosed on Tuesday as part of the Justice Department's antitrust case against Google revealed that Microsoft Corp. was driven to invest significantly in and collaborate with OpenAI due to a perceived lagging behind Google.

time-read
1 min  |
May 02, 2024
The Business Guardian

Singapore Airlines to compensate Indian couple Rs 2L for seat malfunction

Singapore Airlines has been directed to provide compensation of more than Rs 2 lakh to an Indian couple following a malfunction in the automatic recliner seats in the business class.

time-read
1 min  |
May 02, 2024