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The Business Guardian

India's engg exports log highest growth of 15.9 % in Feb'24, Russia's share up

Indian engineering exports rose for the third straight month, with February 2024 showing the highest monthly growth of 15.9 per cent growth in fiscal 2023-24, driven by a substantial rise in shipment of iron and steel and products, aluminium and its products, electrical machinery and industrial machinery. Indian engineering goods exports to Russia nearly doubled to USD1.22 billion in the current financial year 2023-24 (up to February) from USD 616.68 million in the previous financial year while shipments to the US dipped 7 per cent year-on-year during this period, the Engineering Exports Promotion Council said on Tuesday.

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2 mins  |
March 27, 2024
The Business Guardian

INDIA TO GROW AT 6.8 % IN FY25, FLAGS IMPACT OF TIGHT INTEREST RATES ON DEMAND

After a better-than-expected 7.6 per cent growth in fiscal year 2023-2024 estimated by the National Statistical Office, S&P Global Ratings expects Indian economy to grow at 6.8 per cent in fiscal year 2024-2025, which is an upward revision by 40 basis points of India's GDP.

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2 mins  |
March 27, 2024
Mumbai Region's housing boom defies rising property prices: ANAROCK
The Business Guardian

Mumbai Region's housing boom defies rising property prices: ANAROCK

A new research by ANAROCK property consultants has shown that the residential real estate market in Mumbai Metropolitan Region (MMR) has witnessed a surge in home buying activity in recent times. This trend is seen despite the relentless rise in property prices in the region.

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1 min  |
March 25, 2024
The Business Guardian

JARANGE ASKS MARATHA COMMUNITY TO SELECT CANDIDATES FOR LS POLLS BEFORE MAR 30

Quota activist Manoj Jarange on Sunday appealed to the Maratha community to choose candidates for contesting the upcoming Lok Sabha polls as independents before March 30.

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1 min  |
March 25, 2024
Prakash Ambedkar calling off alliance with Shiv Sena (UBT) unfortunate: Sanjay Raut
The Business Guardian

Prakash Ambedkar calling off alliance with Shiv Sena (UBT) unfortunate: Sanjay Raut

A day after Vanchit Bahujan Aghadi chief Prakash Ambedkar said the alliance with Shiv Sena (UBT) doesn't exist any longer, Sanjay Raut of the Uddhav Thackeray-led party termed it as a \"one-sided\" and unfortunate decision.

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1 min  |
March 25, 2024
'BJP HAS PLANNED TO DESTROY DEMOCRATIC SYSTEM,' ALLEGES CONGRESS' NANA PATOLE
The Business Guardian

'BJP HAS PLANNED TO DESTROY DEMOCRATIC SYSTEM,' ALLEGES CONGRESS' NANA PATOLE

Maharashtra Congress President Nana Patole on Sunday alleged that the BJP has planned to destroy the democratic system while appealing to the public to donate to the Congress to \"save\" democracy and the Constitution.

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1 min  |
March 25, 2024
'NOT POSSIBLE FOR ANYONE TO CHANGE CONSTITUTION' BAWANKULE DENIES OPPOSITION 'FALSEHOODS'
The Business Guardian

'NOT POSSIBLE FOR ANYONE TO CHANGE CONSTITUTION' BAWANKULE DENIES OPPOSITION 'FALSEHOODS'

A mid Opposition claims that the BJP is seeking a two-thirds majority in Lok Sabha polls to alter the Constitution, the BJP's Maharashtra president Chandrashekhar Bawankule said that it is not possible for anyone to change the country's salient rule book.

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1 min  |
March 25, 2024
The Business Guardian

Punjab and High Court Says Lawlessness Needs To Be Curbed With Iron Hand, Seeks DGPs Response; CourtAppointed Warrant Officer Assaulted By Public Police

High Court in the case Dharmender Singh v. State observed and seek response of Punjab's DGP on allegations of assaulting a warrant officer by police officials.

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3 mins  |
March 25, 2024
The Business Guardian

Delhi Judicial Service Main Examination 2023 Shall Be Conducted On April 13, 14

The Delhi High Court in the case Shambhavi Sharma v. Hon'ble High Court Of Delhi (Through its Registrar General) observed and has ordered that the Delhi Judicial Service Mains Examination, Written 2023 shall be held on April 13-14.

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1 min  |
March 25, 2024
The Business Guardian

Dethi High Court: Examination System Does Not Permit Students To Be Penalized for Poor Handwriting

The Delhi High Court in the case Madhav Chaudhary v. University Of Delhi And Anr. observed that the examination system does not permit students to be penalised for having poor handwriting.

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2 mins  |
March 25, 2024
The Business Guardian

Delhi High Court: Citizenship Act Prevails Over Passport Manual

The Delhi High Court in the case Akshar Reddy Vanga And Anr. Represented By Subba Reddy Vanga v. Union of India And Ors. stated that the Citizenship Act, 1955, which prevails over the Passport Manual of 2020.

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2 mins  |
March 25, 2024
The Business Guardian

Delhi High Court: Citizenship Act Prevails Over Passport Manual

The Delhi High Court in the case Akshar Reddy Vanga And Anr. Represented By Subba Reddy Vanga v. Union of India And Ors. stated that the Citizenship Act, 1955, which prevails over the Passport Manual of 2020.

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2 mins  |
March 25, 2024
The Business Guardian

DELHI HIGH COURT: ABHISAR BUILD WELL JUDGEMENT CANNOT BE CONSTRUCTED TO BE AN AUTHORITY TO OVERRIDE MANDATE OF SECTION 245-1

The Delhi High Court in the case Orchid Infrastructure Developers Pvt. Ltd. Versus PCIT observed and has held that the judgement Judgement passed by the Supreme Court of Abhisar Buildwell cannot be construed to be an authority to override the mandate of Section 245-1 of the Income Tax Act.

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2 mins  |
March 25, 2024
Pakistan to Seriously’ consider restoring trade ties with India: Foreign Minister Dar
The Business Guardian

Pakistan to Seriously’ consider restoring trade ties with India: Foreign Minister Dar

Pakistan will “seriously” consider restoring trade ties with India that remained suspended since August 2019, Foreign Minister Muhammad Ishaq Dar has said, indicating a potential shift in diplomatic stance towards the neighbouring nation.

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1 min  |
March 25, 2024
lOTA FOUNDATION UNVEILS 10 MM INVESTMENT FUND AT INVESTOPIA 2024
The Business Guardian

lOTA FOUNDATION UNVEILS 10 MM INVESTMENT FUND AT INVESTOPIA 2024

Abdullah bin Touq Al Marri, Minister of Economy and Chairman of Investopia, attended the unveiling of a new investment fund valued at USD 10 million by the IOTA Ecosystem DLT Foundation during Investopia 2024.

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2 mins  |
March 25, 2024
IMF Managing director Advocates Promarket reforms for faster Chinese growth
The Business Guardian

IMF Managing director Advocates Promarket reforms for faster Chinese growth

China may expand far faster than the current quo with a comprehensive package of pro-market reforms, according to International Monetary Fund (IMF) Managing Director Kristalina Georgieva’s statement on Sunday.

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1 min  |
March 25, 2024
UK AND OMAN TRADE DEALS ON COMMERCE MINISTRY'S 100-DAY AGENDA
The Business Guardian

UK AND OMAN TRADE DEALS ON COMMERCE MINISTRY'S 100-DAY AGENDA

India eyes UK, Oman trade agreements in new government’s 100-day agenda. At the forefront of the commerce ministry’s agenda is a concerted

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3 mins  |
March 25, 2024
The Business Guardian

Amazon Pay expanding smart stores service to 150 brands

Amazon Pay will collaborate with top 20 brands this year as part of a plan to enhance its Smart Stores service and take its total brand partnership to 150, a senior executive of the firm said.

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2 mins  |
March 25, 2024
Neuralink implant enables 'Thinking' Posts on X, Elon Musk's brain chip success
The Business Guardian

Neuralink implant enables 'Thinking' Posts on X, Elon Musk's brain chip success

An X user, who was part of Elon Musk’s brain chip start-up Neuralink’s human trials has said that he posted on the social media site by “thinking”.

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1 min  |
March 25, 2024
CEO Emad mostaque steps down from startup stability AI
The Business Guardian

CEO Emad mostaque steps down from startup stability AI

Stability AI Chief Executive Officer Emad Mostaque has resigned from the British artificial intelligence startup — a move that follows quarrels with investors and waves of senior staff departures.

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2 mins  |
March 25, 2024
PAYTM DENIES LAYOFF RUMORS AMID PRAVEEN SHARMA, SVP RESIGNATION
The Business Guardian

PAYTM DENIES LAYOFF RUMORS AMID PRAVEEN SHARMA, SVP RESIGNATION

In an exchange filing on Saturday, One97 Communications Ltd (OCL), which owns and operates the Paytm brand, has formally announced that Praveen

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1 min  |
March 25, 2024
Auto Industry ramps up new EV models in coming yrs on govt push
The Business Guardian

Auto Industry ramps up new EV models in coming yrs on govt push

The Indian auto industry is gearing up to roll out an array of electric vehicle models over the next few years amid a renewed push by the government to encourage environment-friendly mobility solutions with the unveiling of a new policy.

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2 mins  |
March 25, 2024
Mumbai's housing boom amid rising property prices: Report
The Business Guardian

Mumbai's housing boom amid rising property prices: Report

New research by AnaROCK property consultants has shown that the residential real estate market in the Mumbai Metropolitan Region (MMR) has witnessed a surge in home buying activity in recent times.

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2 mins  |
March 25, 2024
India targets 30 per cent electric vehicle sales by 2030: Care Edge Ratings
The Business Guardian

India targets 30 per cent electric vehicle sales by 2030: Care Edge Ratings

An analysis by Care Edge Ratings shows that the demand for vehicles powered by traditional fuels is progressively shifting towards those that use alternative fuels.

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1 min  |
March 25, 2024
HOLI HUES HEAT UP INDIAN MARKETS, SALES SKYROCKET
The Business Guardian

HOLI HUES HEAT UP INDIAN MARKETS, SALES SKYROCKET

Furthermore, the ongoing Indian Premier League (IPL) has significantly influenced the market, resulting in a surge in demand for water guns adorned with images of Virat Kohli and Rohit Sharma.

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2 mins  |
March 25, 2024
Mcap of top 5 firms hits Rs 1.97 trillion
The Business Guardian

Mcap of top 5 firms hits Rs 1.97 trillion

The combined market valuation of five of the 10 most valued firms eroded by Rs 1,97,958.56 crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit amid volatile trends in equities.

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1 min  |
March 25, 2024
Penalty provisions for dissemination of deepfakes can create deterrent effect: CUTS
The Business Guardian

Penalty provisions for dissemination of deepfakes can create deterrent effect: CUTS

A senior official from the global think tank CUTS International has emphasized the significance of penalty provisions in deterring the creation and spread of deepfakes and misinformation. Amol Kulkarni, Director of Research at CUTS International, highlighted the need for technological interventions to curb the misuse of AI-generated content.

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1 min  |
March 25, 2024
India has incredibly affordable airfares: Akasa Air CEO
The Business Guardian

India has incredibly affordable airfares: Akasa Air CEO

India has “incredibly affordable” airfares and the country’s aviation market has the kind of growth potential where Akasa Air as well as other carriers can do well, according to the nearly twoyear-old airline’s chief Vinay Dube.

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3 mins  |
March 25, 2024
DPI, BANKRUPTCY LAW, TAX CODE BOOST INDIA INVESTMENT DESTINATION: WEF OFFICIAL
The Business Guardian

DPI, BANKRUPTCY LAW, TAX CODE BOOST INDIA INVESTMENT DESTINATION: WEF OFFICIAL

The WEF-Cambridge report shows that fintech firms are positive about their regulatory environment, which supports their operations and growth.

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2 mins  |
March 25, 2024
Hero Motocorp introduces first EV ownership package
The Business Guardian

Hero Motocorp introduces first EV ownership package

Hero MotoCorp has launched a hassle-free ownership package for its electric scooter VIDA V1 Pro.

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1 min  |
March 24, 2024