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The Business Guardian

Delhi court grants bail to accused in cyber fraud case

Delhi’s Karkardooma Court has acquitted 10 accused in the case of rioting, giving them benefit of doubts.

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1 min  |
September 15, 2024
The Business Guardian

COURT GRANTS INTERIM BAIL TO 4 CO-OWNERS OF BASEMENT

The Delhi High Court on Friday granted interim bail to four co-owners of a basement linked to the tragic deaths of three IAS aspirants in Old Rajinder Nagar.

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1 min  |
September 15, 2024
India-China trade deficit: Tackling growing imbalance
The Business Guardian

India-China trade deficit: Tackling growing imbalance

The trade deficit between India and China has emerged as a major concern on the global stage, highlighting an increasingly unbalanced bilateral trade relationship and its implications.

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3 mins  |
September 15, 2024
August passenger car sales drop 1.8% in India
The Business Guardian

August passenger car sales drop 1.8% in India

Total passenger vehicle sales in India declined 1.8 per cent in August to 352,921 units, as against 359,228 units same month last year, data released by the Society of Indian Automobile Manufacturers (SIAM) showed on Friday.

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1 min  |
September 15, 2024
Maruti Suzuki launches the Epic New Swift S-CNG
The Business Guardian

Maruti Suzuki launches the Epic New Swift S-CNG

Maruti Suzuki India Limited (MSIL) launched the S-CNG variant of the Epic New Swift on Thursday.

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1 min  |
September 15, 2024
AUTOMOBILE INDUSTRY HAILS PM E-DRIVE SCHEME
The Business Guardian

AUTOMOBILE INDUSTRY HAILS PM E-DRIVE SCHEME

The Society of Indian Automobile Manufacturers (SIAM) and big auto players have hailed the Cabinet decision of PM e-DRIVE schemes aimed at promoting electric mobility across the country.

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2 mins  |
September 15, 2024
Mahindra & Mahindra set to launch e-ZEO
The Business Guardian

Mahindra & Mahindra set to launch e-ZEO

Mahindra & Mahindra's commercial vehicle manufacturing unit, Mahindra Last Mile Mobility Limited (MLMML), has announced the launch of its electric four-wheeler, 'e-ZEO', slated for October 3, 2024.

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1 min  |
September 15, 2024
INDIA WILL SOON EXPORT LITHIUM-ION BATTERIES: NITIN GADKARI
The Business Guardian

INDIA WILL SOON EXPORT LITHIUM-ION BATTERIES: NITIN GADKARI

Union Minister of Road Transport Highways, Nitin Gadkari on Tuesday said that India will soon be in a position to export lithiumion batteries.

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2 mins  |
September 15, 2024
Auto component sector on road to reach $100 bn export: Piyush Goyal
The Business Guardian

Auto component sector on road to reach $100 bn export: Piyush Goyal

Commerce Minister Piyush Goyal expressed confidence that the auto component sector will reach the USD 100 billion export target by 2030, making the sector one of the largest job creators in the country.

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2 mins  |
September 15, 2024
RR KABEL POSTS RECORD Q1 REVENUE, POISED FOR LONG-TERM GROWTH
The Business Guardian

RR KABEL POSTS RECORD Q1 REVENUE, POISED FOR LONG-TERM GROWTH

RR Kabel is a 20-yearold wire and cable industry company with 5 manufacturing facilities in the country having been listed on the stock exchanges recently.

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2 mins  |
September 15, 2024
SEBI DISPOSES OF CO-LOCATION CASE AGAINST NSE
The Business Guardian

SEBI DISPOSES OF CO-LOCATION CASE AGAINST NSE

The Securities and Exchange Board of India (SEBI) has disposed of proceedings against the stock exchange NSE, its former Vice Chairman Ravi Narain, former Chief Executive Officer Chitra Ramakrishna, former Group Operating Officer Anand Subramanian, and others in the colocation case.

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1 min  |
September 15, 2024
Ministry of Labour & Employment holds meeting with industry leaders
The Business Guardian

Ministry of Labour & Employment holds meeting with industry leaders

The secretary of Ministry of Labour and Employment held a meeting with industry leaders on Employment Linked Incentive (ELI) Scheme.

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1 min  |
September 15, 2024
Sharjah's Sky One may invest in Indian aviation market
The Business Guardian

Sharjah's Sky One may invest in Indian aviation market

Sky One, based in Sharjah, UAE, offers a broad spectrum of aviation services, including charters, asset trading, training, and maintenance, catering to diverse industry needs.

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4 mins  |
September 15, 2024
Reserve Bank of India imposes monetary penalty on three NBFCs
The Business Guardian

Reserve Bank of India imposes monetary penalty on three NBFCs

The Reserve Bank of India (RBI) has imposed monetary penalties on three nonbanking financial companies (NBFCs) for regulatory lapses and non-compliance with various RBI directives.

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2 mins  |
September 15, 2024
Foreign investors pump Rs 16,881 crore into Indian stocks this week
The Business Guardian

Foreign investors pump Rs 16,881 crore into Indian stocks this week

Foreign Portfolio Investors (FPIs) continued their bullish stance on Indian stocks, infusing Rs 16,881.03 crore in the second week of September, according to data from the National Securities Depository Limited (NSDL).

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1 min  |
September 15, 2024
INDIA'S COAL PRODUCTION SURGES BY 5.85 PC IN FY 2024-25
The Business Guardian

INDIA'S COAL PRODUCTION SURGES BY 5.85 PC IN FY 2024-25

The coal production in the country increased substantially during the fiscal year 2024-25, as per the Ministry of Coal.

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1 min  |
September 15, 2024
FM DISCUSSES INVESTMENT OPPORTUNITIES WITH DFC
The Business Guardian

FM DISCUSSES INVESTMENT OPPORTUNITIES WITH DFC

Union Finance Minister Nirmala Sitharaman held a meeting with a delegation from the US International Development Finance Corporation (DFC) here in the national capital.

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1 min  |
September 15, 2024
'Jail Wala' CM now 'Bail Wala': BJP's Gaurav Bhatia takes jibe at Kejriwal
The Business Guardian

'Jail Wala' CM now 'Bail Wala': BJP's Gaurav Bhatia takes jibe at Kejriwal

Bharatiya Janata Party (BJP) leader Gaurav Bhatia on Friday took a jibe at Delhi Chief Minister Arvind Kejriwal saying the 'jail wala' CM has become a 'bail wala' CM now.

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1 min  |
September 14, 2024
UPSC aspirants death case: Delhi HC grants interim bail to 4 co-owners of basement
The Business Guardian

UPSC aspirants death case: Delhi HC grants interim bail to 4 co-owners of basement

The Delhi High Court on Friday granted interim bail to four co-owners of a basement linked to the tragic deaths of three IAS aspirants in Old Rajinder Nagar.

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1 min  |
September 14, 2024
The Business Guardian

Supreme Court Warns States/High Courts Which Have Not Filed Compliance Affidavits Establishment Of Gram Nyayalayas

The Supreme Court in the case National Federation Of Societies Foe Fast Justice And Anr.

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1 min  |
September 14, 2024
The Business Guardian

Vishakhapatnam Bar Association Undertakes Before Supreme Court Not To Abstain From Court Work In Future, After Contempt Notice

The Supreme Court in the case Superwhizz Professionals Pvt.Ltd. v. Union of India & Ors observed wherein the Vishakhapatnam Bar Association has filed an affidavit undertaking that it would not boycott and/or encourage lawyers to abstain from court work in future.

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1 min  |
September 14, 2024
The Business Guardian

BJP On Arvind Kejriwal's Bail: Supreme Court Has Shown Mirror To Delhi Chief Minister, He Should Resign

The BJP stated that the Delhi Chief Minister Arvind Kejriwal should immediately resign from his post as the Supreme Court has granted him only conditional bail and that he continues to be an accused in the corruption case linked to the excise policy 'scam'.

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1 min  |
September 14, 2024
The Business Guardian

Supreme Court Sets Aside High Court Condition That Accused Who Got Bail Can Furnish Bail Bonds Only After Spending 6 Months In Custody

The Supreme Court in the case Vikash Kumar Gupta Versus the State Of Bihar observed and has set aside the bail condition imposed by the Patna High Court to the effect that the bail bonds needs to be furnished by the accused after completion of 6 months in custody which being from the date of the order.

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1 min  |
September 14, 2024
The Business Guardian

Supreme Court: Alleged Involvement In Crime No Ground To Demolish Legally Constructed Property, Such Demolition Against Rule Of Law

The Supreme Court in the case Javedali Mahebubmiya Saiyed v. State of Gujarat & Anr. observed that the alleged involvement in a crime is no ground for demolishing a legally constructed property.

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2 mins  |
September 14, 2024
Govt notifies foreign exchange rules 2024 to simplify investments and ease of doing business
The Business Guardian

Govt notifies foreign exchange rules 2024 to simplify investments and ease of doing business

The Ministry of Finance on Thursday notifies the new Foreign Exchange (Compounding Proceedings) Rules 2024 to simplify rules and regulations for foreign investments.

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1 min  |
September 14, 2024
INDIA'S FOREIGN EXCHANGE RESERVES CONTINUE TO RISE HITTING FRESH HIGH OF $689.2 BILLION
The Business Guardian

INDIA'S FOREIGN EXCHANGE RESERVES CONTINUE TO RISE HITTING FRESH HIGH OF $689.2 BILLION

According to the latest data from the RBI released today, India's foreign currency assets (FCA), the largest component offorex reserves, rose by USD5.107 billion to USD 604.144 billion.

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1 min  |
September 14, 2024
SEBI chief term all recent allegations as 'false, incorrect, malicious and motivated'
The Business Guardian

SEBI chief term all recent allegations as 'false, incorrect, malicious and motivated'

In a joint statement on Friday, SEBI Chairperson Madhabi Puri Buch and her husband Dhaval Buch out rightly termed the allegations labelled against them in the recent past as \"false, incorrect, malicious and motivated\".

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1 min  |
September 14, 2024
India's priorities in SCO shaped by PM's vision of SECURE, says Commerce Secy
The Business Guardian

India's priorities in SCO shaped by PM's vision of SECURE, says Commerce Secy

In the 23rd meeting of Ministers from the Shanghai Cooperation Organisation (SCO), Commerce Secretary Sunil Barthwal noted that India's priorities within the SCO align with Prime Minister Narendra Modi's vision of a 'SECURE' SCO, which stands for Security, Economic Development, Connectivity, Unity, Respect for sovereignty and territorial integrity, and Environmental protection.

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1 min  |
September 14, 2024
DFPD and FCI sign MoU to boost efficiency in food grain distribution
The Business Guardian

DFPD and FCI sign MoU to boost efficiency in food grain distribution

The Department of Food and Public Distribution (DFPD) and the Food Corporation of India (FCI) have signed a Memorandum of Understanding (MoU) for the fiscal year 2024-25 to improve the efficiency and accountability of food grain procurement and distribution.

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1 min  |
September 14, 2024
Adani Group rejects allegations concerning Swiss bank accounts, terms them baseless
The Business Guardian

Adani Group rejects allegations concerning Swiss bank accounts, terms them baseless

The Adani Group has rejected and denied \"baseless allegations\" over reports concerning freezing of some funds in Swiss bank accounts.

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1 min  |
September 14, 2024