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The Business Guardian

India, Belgium to speed up on mutually beneficial FTA with EU

India and Belgium on Wednesday reaffirmed their commitment to make progress towards a comprehensive, balanced, fair, and mutually beneficial India-EU Free Trade Agreement (FTA) and enhance India-EU strategic ties during the ongoing tenure of the Belgian Presidency of the Council of the European Union.

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1 min  |
April 11, 2024
REPORT ECHOES INDIA'S CALL FOR MDB REFORM, LAUDS SUCCESS IN FINANCIAL INCLUSION
The Business Guardian

REPORT ECHOES INDIA'S CALL FOR MDB REFORM, LAUDS SUCCESS IN FINANCIAL INCLUSION

Investment in India particularly in South Asia, remains strong with the country benefiting from growing interest from multinationals, which see the country as an alternative manufacturing base in the context of developed economies' supply chain diversification strategies, says a new UN report which identifies financing challenges as the heart of the world's sustainable development crisis with as staggering debt burdens and sky-high borrowing costs preventing developing countries from responding to the confluence of crises they face.

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3 mins  |
April 11, 2024
Tesla Eyes India Market As Elon Musk Makes Bold AI Prediction
The Business Guardian

Tesla Eyes India Market As Elon Musk Makes Bold AI Prediction

In a recent X Spaces session with Nicolai Tangen, CEO of Norges Bank Investment Management, Tesla CEO Elon Musk emphasized the importance of electric vehicles (EVs) in India, stating that it's a natural progression for every country to embrace them.

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2 mins  |
April 10, 2024
SpaceX Launches Tata's Militarygrade Satellite Into Orbit
The Business Guardian

SpaceX Launches Tata's Militarygrade Satellite Into Orbit

SpaceX accomplished the successful launch and deployment of the TSAT-1A satellite, a collaborative effort between Tata Advanced Systems Limited (TASL) and Satellogic Inc.

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1 min  |
April 10, 2024
Maharashtra Congress Leader Joins Shiv Sena For 2024 Elections
The Business Guardian

Maharashtra Congress Leader Joins Shiv Sena For 2024 Elections

Ahead of the 2024 Lok Sabha elections, Maharashtra Congress unit leader Raju Waghmare, also a party spokesperson, resigned from Congress and joined the Shiv Sena led by Chief Minister Eknath Shinde.

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1 min  |
April 10, 2024
EU, India To Jointly Promote Start-Ups In Battery Recycling Technologies For EVs
The Business Guardian

EU, India To Jointly Promote Start-Ups In Battery Recycling Technologies For EVs

As part of a broader effort A to promote sustainable agenda, foster innovation and forge stronger economic relations between the European Union and India, the EU and India on Tuesday launched an expression of interest (EoI) for start-ups working in the area of battery recycling technologies for electric vehicles (EVs).

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2 mins  |
April 10, 2024
Airlines Struggle With Lack Of Planes Ahead Of Summer Travel Surge
The Business Guardian

Airlines Struggle With Lack Of Planes Ahead Of Summer Travel Surge

The global airline industry faces a summer crunch as travel demand is projected to exceed pre pandemic levels, while aircraft deliveries plummet due to production issues at Boeing and Airbus.

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2 mins  |
April 10, 2024
GlobalLogic Announces 'Platform of Platforms' for Enabling Enterprise-Grade AI
The Business Guardian

GlobalLogic Announces 'Platform of Platforms' for Enabling Enterprise-Grade AI

Toda Noday, GlobalLogic, a subsidiary of Hitachi Group, unveiled a pioneering Platform-of-Platforms framework aimed at facilitating the implementation of enterprise-level artificial intelligence (AI).

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1 min  |
April 10, 2024
NCP leader Praful Patel: Khadse returning to BJP, sees no future with Sharad Pawar
The Business Guardian

NCP leader Praful Patel: Khadse returning to BJP, sees no future with Sharad Pawar

Former Maharashtra minister Eknath Khadse is set to return to the BJP, citing his longstanding loyalty to the party and a perceived lack of political prospects in the NCP, according to Nationalist Congress Party (NCP) leader Praful Patel on Tuesday.

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1 min  |
April 10, 2024
MAHARASHTRA CONGRESS CHIEF: NO SURRENDER, JUST STRATEGIC RETREAT IN ALLIANCE TALKS
The Business Guardian

MAHARASHTRA CONGRESS CHIEF: NO SURRENDER, JUST STRATEGIC RETREAT IN ALLIANCE TALKS

Maharashtra Congress chief Nana Patole clarifies that his party didn’t surrender” but rather stepped back in Maha Vikas Aghadi(MVA) alliance seat-sharing talks

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2 mins  |
April 10, 2024
The Business Guardian

Delhi High Court Seeks Centre's Response On Plea Challenging Suspension Of Wrestling Federation Of India

The Delhi High Court in the case Wrestling Federation of India v. Union of India observed wherein the court sought response of the Union Ministry of Youth Affairs and Sports on a plea challenging the suspension of the Wrestling Federation of India, WFI.

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1 min  |
April 10, 2024
The Business Guardian

SUPREME COURT SEEKS GOOGLE LLC'S EXPLANATION ON WORKING OF GOOGLE MAPS PIN: SHARING LIVE LOCATION AS BAIL CONDITION

The Supreme Court in the case Frank Vitus v. Narcotics Control Bureau and Ors. observed wherein the question is being involved as to whether sharing of Google PIN with Investigating Officer as part of bail conditions violating the person's right to privacy.

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1 min  |
April 10, 2024
The Business Guardian

SUPREME COURT: COMMERCIAL TRANSACTIONS OUTSIDE PURVIEW OF CONSUMER PROTECTION ACT 1986

The Supreme Court in the case Annapurna B. Uppin And Ors.Versus Malsiddappa And Anr. observed wherein the complaints is filed seeking recovery of the investment from which the complainant is deriving benefit in the form of interest cannot be entertained under the Consumer Protection Act of 1986.

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3 mins  |
April 10, 2024
AFRICAN ECONOMIES TO GROW 3.4 PER CENT IN 2024, SAYS WORLD BANK T C
The Business Guardian

AFRICAN ECONOMIES TO GROW 3.4 PER CENT IN 2024, SAYS WORLD BANK T C

The report said increased private consumption and declining inflation were supporting an economic rebound in Sub-Saharan Africa

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1 min  |
April 10, 2024
For equipment upgrades, China eyes fresh $69 bn credit in tech sector
The Business Guardian

For equipment upgrades, China eyes fresh $69 bn credit in tech sector

The Hong Kong-based 'South China Morning Post' (SCMP) newspaper, China has unveiled a plan to reintroduce two relending mechanisms previously utilized to mitigate the economic effects of Covid-19.

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2 mins  |
April 10, 2024
DUE TO SCALE-DOWN OPERATIONS, VISTARA FARES RISE BY UP TO 25% ON MAJOR ROUTES
The Business Guardian

DUE TO SCALE-DOWN OPERATIONS, VISTARA FARES RISE BY UP TO 25% ON MAJOR ROUTES

Just ahead of the peak summer travel season, travel industry insiders reported a surge of approximately 20-25% in fares across key routes such as Delhi-Goa, Delhi-Kochi, Delhi-Jammu, and Delhi-Srinagar, said in a news report..

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2 mins  |
April 10, 2024
Air India addresses fabric issues in new cabin crew uniforms
The Business Guardian

Air India addresses fabric issues in new cabin crew uniforms

According to insiders, Air India has received feedback regarding the new cabin crew uniforms, including concerns about fabric quality.

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1 min  |
April 10, 2024
Godrej Properties' FY"24 sales reach the Rs 22,500 crore milestone
The Business Guardian

Godrej Properties' FY"24 sales reach the Rs 22,500 crore milestone

Realty firm Godrej Properties on Tuesday reported a 84 per cent increase in sales booking to a record Rs 22,500 crore in the last financial year, on higher volumes amid strong consumer demand for residential properties.

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2 mins  |
April 10, 2024
UP GOVT LIKELY TO LAY FOUNDATION STONE OF FILM CITY PROJECT AFTER LS POLLS
The Business Guardian

UP GOVT LIKELY TO LAY FOUNDATION STONE OF FILM CITY PROJECT AFTER LS POLLS

As per the real estate consultancy firm CBRE, the development of the first phase of International Film City in Noida is expected to generate direct and indirect employment for 10,000 people.

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2 mins  |
April 10, 2024
Govt starts buying chana from farmers at minimum price, assures stable production
The Business Guardian

Govt starts buying chana from farmers at minimum price, assures stable production

The Central government has given its nod for the procurement of 1.39 lakh tonnes of Bengal gram (chana) from Karnataka during the 2023-24 rabi season under the Price Support Scheme (PSS), announced Union Minister Shobha Karandlaje on Thursday.

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1 min  |
April 10, 2024
Govt extends date for submission of R&D proposals
The Business Guardian

Govt extends date for submission of R&D proposals

The Government has extended the deadline for submission of proposals related to R&D scheme under the National Green Hydrogen Mission.

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1 min  |
April 10, 2024
The Business Guardian

EXPECTATION OF BETTER DEMAND CONDITIONS IN Q1 FY25 LIFTS MANUFACTURERS' SENTIMENTS

The business expectations index of the survey remains firmly in growth terrain at 127.2 in QI of 2024-25.

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1 min  |
April 10, 2024
Pakistan To Adopt National Fiscal Policy Amid Bailout Talks With IMF, Says World Bank
The Business Guardian

Pakistan To Adopt National Fiscal Policy Amid Bailout Talks With IMF, Says World Bank

An mid the staggering Economic crisis in Pakistan, the World Bank has asked Islamabad to adopt a national fiscal policy by aligning federal and provincial spending with constitutional mandates, merging various federal and provincial revenue agencies into a single general sales tax (GST) collection agency, and effectively taxing agriculture, capital gains, and real estate in the next fiscal year's budget, Dawn reported on Monday.

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3 mins  |
April 09, 2024
OpenAI Transcribed Google's Youtube Videos To Train AI Models, Says Report
The Business Guardian

OpenAI Transcribed Google's Youtube Videos To Train AI Models, Says Report

ОpenAI transcribed more than one million hours of YouTube videos to gather training data for its advanced GPT-4 model, disregarding copyright regulations set by the Google-owned platform.

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1 min  |
April 09, 2024
March Sees Strong Growth In Indian Pharma Market, Up By 9.5%
The Business Guardian

March Sees Strong Growth In Indian Pharma Market, Up By 9.5%

The Indian pharmaceutical market (IPM) experienced a notable 9.5 percent increase in sales in March, reflecting robust value growth across various therapy segments, except for respiratory.

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1 min  |
April 09, 2024
China's Pla Enhances The Capability Of Its Helicopter Fleet
The Business Guardian

China's Pla Enhances The Capability Of Its Helicopter Fleet

Its armament features a cannon, likely of 23mm caliber, as well as a pair of stub wings that each possess three weapon stations for rockets and missiles

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8 mins  |
April 09, 2024
The Business Guardian

Muthoot Microfin AUM jumps 32% to Rs 12,194 cr as of March

In the quarter ending on March 31, 2024, Muthoot Microfin, a microfinance institution based in Kochi, witnessed a remarkable 32% year-on-year growth in its assets under management (AUM).

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1 min  |
April 09, 2024
The Business Guardian

ED OPPOSED MANISH SISODIA'S BAIL IN DELHI EXCISE SCAM, SAYS DELAY IN TRIAL CAUSED BY ACCUSED PERSONS NOT PROSECUTION

The Enforcement Directorate, ED opposed the bail petition moved by Aam Aadmi Party, AAP leader Manish Sisodia in the money laundering case which is connected to the alleged liquor policy scam.

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2 mins  |
April 09, 2024
Supreme Court awaits Maharashtra's response on Pradeep Sharma's bail plea
The Business Guardian

Supreme Court awaits Maharashtra's response on Pradeep Sharma's bail plea

Former Mumbai Police officer Pradeep Sharma received temporary relief from the Supreme Court on Monday, allowing him to avoid surrendering until further orders regarding the life sentence he faces in a 2006 fake encounter killing case.

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1 min  |
April 09, 2024
Pay double property tax from May 1 for Marathi signboard violation, says Mumbai's civic body
The Business Guardian

Pay double property tax from May 1 for Marathi signboard violation, says Mumbai's civic body

Mumbai's civic body announced on Monday that shops and establishments failing to display signboards in Marathi or Devanagari script will face a penalty of double property tax starting May 1. The Brihanmumbai Municipal Corporation (BMC) also stated its decision to revoke the licenses of illuminated boards (glow signs) lacking Marathi or Devanagari lettering, with renewal fees ranging from Rs 25,000 to Rs 1.5 lakh.

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1 min  |
April 09, 2024