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Arunachal inks Rs 13,000cr pact for Lohit Basin Hydropower Project
As of Saturday, 28 counAS tries and 14 organizations have confirmed their participation as partners in the Vibrant Gujarat Global Summit (VGGS) 2024, announced by the state government. The 10th edition of VGGS, centre around the theme Gateway to the Future,' is scheduled to take place in Gandhinagar from 10 January to 12 January.
ARUNACHAL ENSURES CLEAN TAP WATER FOR 98% HOMES
Arunachal Pradesh has achieved a historic milestone of connecting 98 per cent of households with potable tap water under the Jal Jeevan Mission
Social media firms gained $11B in ads from minors' engagement in 2022
Social media giants, including Instagram, X (formerly Twitter), and Snapchat, collectively amassed nearly $11 billion in advertising revenue in 2022 from users under 18, according to a recent study based in the United States.
2023: India displayed statecraft and influence in leading G20
In a year marked by great geopolitical unrest, India showed its statecraft by forging an ambitious roadmap to address major global challenges with the support of the G20 and by taking a steely stance to increase its strategic heft in the neighbourhood and beyond in response to China's increasingly assertive actions.
2024 exports set to benefit from demand uptick, easing inflation
The country's exports will benefit from easing inflation in wealthy nations, declining interest rates, a gradual increase in global demand, and other reasons. In 2024, total outbound shipments are anticipated to exceed $900 billion.
INDIA TO REMAIN FASTEST-GROWING MAJOR ECONOMY IN 2024
Despite widespread pessimism in developed nations and a deteriorating geopolitical situation, India achieved a 6.1% expansion in gross domestic product (GDP) in the March quarter. The growth further increased to 7.8% in the June quarter and maintained at 7.6% in the September quarter
FMCG distributors oppose HUL's decision to change margin structure
FMCG distributors have opposed the rejigging in their margin structure by HUL, alleging that the leading industry player is working on a “draconian agenda” to boost its profitability.
Digitalisation options propel Spinny's 40% plus yoy growth
With the increased demand for digital sales in 2023, Spinny, India’s full-stack used car marketplace, has achieved 73 per cent of first-time buyers in 2023, a notable increase from 60 per cent last year and online purchases of 70 per cent with Bangalore, Delhi NCR and Hyderabad generating significant demand.
ACC higher secondary school celebrates 100 years of excellence
The ACC Higher Secondary School, Kymore, Madhya Pradesh, commemorated its 100th anniversary, marking a century of imparting quality education and shaping the lives of over 17,000 individuals.
INDIA'S RUSSIAN CRUDE IMPORTS PREVENTED PRICE SURGE IN GLOBAL OIL MARKET
In the face of international scrutiny, India has staunchly defended its substantial purchases of Russian crude oil since the onset of the Ukraine war.
LEADING WITH VISION: A CONVERSATION WITH DHIRAJ SINGH, CEO OF SIS GROUP
SIS Group is India’s largest private security and facility company, where Dhiraj Singh is the CEO. He spoke to The Business Guardian. Excerpts:
SUNEHRI BAGH MOSQUE IMAM MOVES DELHI HC AGAINST NDMC NOTICE
The Imam of the Sunehri Bagh mosque on Saturday moved the Delhi High Court against the proposed demolition of the structure, citing alleged traffic congestion in the area.
Volkswagen aims for a 10% sales boost in 2023 says
As an aspirational country with sustained economic growth, demographic dividend, India is aligning with global preferences -- as for SUVs, premium models -- keeping Volkswagen on growth path,” Ashish Gupta, Brand Director of German automobile major Volkswagen India tells The Sunday Guardian.
CVS, UVS TO DRIVE UP VEHICLE AUM TO RS 8.1 LAKH CR IN FY25
Rising demand for commercial vehicles (CVs), cars, utility vehicles (UVs) and two-/ three-wheelers, accompanied by bigger ticket financing and the government’s focus on infra spending are set to push vehicle financing assets under management (AUM) for non-banking financial companies (NBFCs) to a high of Rs 8.1 lakh crore by 31 March, 2025.
CHALLENGES AHEAD FOR US EXPORT AND DOMESTIC THERMAL COAL MARKETS IN 2024
The US export and domestic thermal coal markets face headwinds in 2024 due to mild global demand, according to industry sources.
India-UAE ties transcend to multilateral level in 2023
The already strong India-UAE ties transcended to a truly multilateral level in 2023 with the announcement of the strategically important India-Middle East Economic Corridor and the expansion of the BRICS grouping to include the key Gulf nation.
INDIA'S EXPORTS SOAR 17.8% YOY IN ELECTRONICS, PHARMA, ENGINEERING GOODS
Australia may well have walked away with the cricket World Cup, but New Delhi and Canberra are game on another turf -- the India, Australia Economic Cooperation and Trade Agreement (ECTA) -- which post a year of coming into force on 29 December 2022, shows India on a strong wicket vis a vis its exports to Australia which jumped 17.8 per cent year-on-year-- along preferential lines to USD 1.58 billion in April-October 2023.
INDIAN ECONOMY TO ACHIEVE 6.5% PLUS GROWTH ON RESILIENT CONSUMPTION, INVESTMENT
Even as curtains come down on a turbulent year underlined by the deceleration of the world economy, the growth acceleration of the Indian economy in H1 of FY24 presents a happy contrast with India expected to comfortably achieve a GDP uptick over 6.5 per cent in FY24, buoyed by the better-than-expected growth in Q2 of FY24 and the emergence of India as the fastest-growing major economy in H1 of FY24 improving the growth prospects, according to the half yearly review of the Finance Ministry.
NCP MP Amol Kolhe slams CM Shinde for not asking Centre to reconsider onion export ban
NCP MP Amol Kolhe on Friday slammed the Eknath Shinde-led Maharashtra government for not persuading the Centre to lift the ban on onion exports.
MARATHA AND OBC COMMUNITIES GEAR UP FOR MUMBAI SHOWDOWN
Mumbai is poised to become the battleground for a reservation conflict on January 20 next year, as both the Maratha and Other Backward Class (OBC) communities have announced rallies on the same day.
I.N.D.I.A. ALLIANCE FACES SEAT-SHARING DILEMMA: MAMATA BANERJEE AND UBT SENA CLASH
The buzz over the seat-sharing formula of the opposition's I.N.D.I.A. bloc hit a crescendo on Friday after a few partners within the alliance hinted at going all 'alone' in next year's Lok Sabha elections or not willing to compromise' in their respective states.
Jammu and Kashmir and Ladakh High Court: 'Sufficient Cause' IN Limitation Act Cannot Be Liberally Constructed For Govt Departments
The Jammu and Kashmir and Ladakh High Court in the case Union of India Vs Jagjeet Kour observed and has held that the expression 'sufficient cause' in Section 5 of the Limitation Act cannot be liberally construed just because a government department is seeking the condonation of delay.
SUPREME COURT COLLEGIUM RECOMMENDED APPOINTMENT OF NEW CHIEF JUSTICE IN 5 HIGH COURTS
The Supreme Court Collegium has recommended the names for the appointment as chief justices of five High Courts The names are as follows: Justice Arun Bhansali, the Judge of Rajasthan High Court as the Chief Justice of the Allahabad High Court The Supreme Court Collegium stated that his contribution to the judiciary by way of disposal of cases, during his tenure of nearly eleven years as the Judge of the High Court, he has authored more than 1230 reported judgments.
BOMBAY HIGH COURT DENIED REGULARISATION TO SENIOR CITIZEN UNDER EMPLOYMENT GUARANTEE SCHEME, ENHANCED COMPENSATION DUE TO 37 YEARS OF LITIGATION
The Bombay High Court in the case Ashok Bhikanrao Deshmukh v. State of Maharashtra and Ors observed that the workers under the Employment Guarantee Scheme, EGS are not entitled to continued employment or regularisation.
China faces food security challenge despite abundant harvest
Despite China's record high grain output this year, experts emphasised that the country's food self-sufficiency rate is decreasing as it heavily relies on imports, as reported by Voice of America (VOA).
Maine's Chief Election Official bars Trump from 2024 Ballot:
Taine's top election official has removed former President Donald Trump from the state's 2024 ballot, citing the 14th Amendment's \"insurrectionist ban..
GLOBAL POPULATION INCREASES BY 75M, SET TO SURPASS 8BN ON JANUARY 1ST
The world population grew by 75 million people over the past year and on New Year’s Day it will stand at more than 8 billion people, according to figures released by the US Census Bureau
Huawei nears $100B in sales with Semiconductor advancements
In 2023, Huawei Technologies Co. experienced a 9% surge in revenue, marking a significant year for the Chinese tech giant that confronted Apple Inc. and US sanctions by achieving an unexpected breakthrough in chip technology.
CORPORATE EXPECTATIONS SOAR AMID INDIA'S ECONOMIC GROWTH
Fitch Ratings forecasts a significant uptick in the profitability of Indian corporates, propelled by the country’s robust economic growth.
Gadkari Greenlights Rs 1,170.16 cr for 29 Ladakh road projects
Union Minister for Road Transport and Highways, Nitin Gadkari, has given the green light to 29 road projects in the Union Territory of Ladakh, allocating a significant sum of Rs 1170.16 crore.