CATEGORIES

Electric bus penetration set to double next fiscal: Report
The Business Guardian

Electric bus penetration set to double next fiscal: Report

A report suggests that despite persistent counterparty risks and the limited availability of charging stations, the share of electric buses (e-buses) is poised to double to 8 percent in the next fiscal year.

time-read
2 mins  |
December 19, 2023
NHAI grants TOT projects worth Rs 9,384 cr to successful bidders
The Business Guardian

NHAI grants TOT projects worth Rs 9,384 cr to successful bidders

After a delay of around three months, the National Highways Authority of India (NHAI) has granted Toll, Operate, and Transfer (TOT) projects covering a total length of 273 km to successful bidders. The projects, bundled under TOT packages 13 and 14, have been awarded at a total value of Rs 9,384 crores.

time-read
2 mins  |
December 19, 2023
India, UK to hold 14th round of talks on FTA in Jan' 24
The Business Guardian

India, UK to hold 14th round of talks on FTA in Jan' 24

India and the UK will continue their deliberations on the ambitious free trade agreement (FTA) in the 14th round of negotiations which will take place in January 2024 to bring to fruition, a comprehensive and ambitious FTA which the two countries have been discussing since the launch of talks on 13 January, 2022.

time-read
2 mins  |
December 19, 2023
India tops global remittance charts with $125 billion in 2023
The Business Guardian

India tops global remittance charts with $125 billion in 2023

The most recent Migration and Development Brief from the World Bank reveals a continuous rise in remittance flows to low- and middle-income countries (LMICs) in 2023, albeit at a slower pace than in previous years.

time-read
2 mins  |
December 19, 2023
GOOGLE TAKES DOWN 2,500 FRAUDULENT LOAN APPS FROM ITS PLAY STORE, SAYS FM
The Business Guardian

GOOGLE TAKES DOWN 2,500 FRAUDULENT LOAN APPS FROM ITS PLAY STORE, SAYS FM

In a written response to the Lok Sabha, Finance Minister Nirmala Sitharaman stated that the government is constantly engaged with the Reserve Bank of India (RBI) and various regulators and stakeholders concerned to control fraudulent loan apps

time-read
2 mins  |
December 19, 2023
The Business Guardian

DELHI HIGH COURT DENIED BENEFITS OF SECTION 14 OF LIMITATION ACT CITING LACK OF DILIGENT PROSECUTION; PETITION UNDER SECTION 34 OF THE A&C ACT DISMISSED TWICE FOR NON-PROSECUTION

The Delhi High Court in the case U.P. Jal Vidyut Nigam Ltd v. C.G. Power & Industrial Solution Ltd observed and has stated that he application of Section 14 of the Limitation Act is not available to a petitioner who, through lack of diligence, allowed its section 34 petition moved under the Arbitration and Conciliation Act which is to be dismissed twice for nonprosecution.

time-read
2 mins  |
December 18, 2023
SIT to probe incident of bureaucrat's son trying to mow down girlfriend with car in Thane
The Business Guardian

SIT to probe incident of bureaucrat's son trying to mow down girlfriend with car in Thane

A special investigation team (SIT) has been formed to probe the incident in which a woman was injured after her boyfriend, who is a senior bureaucrat's son, allegedly tried to mow her down with his car in Thane city, police said on Sunday.

time-read
1 min  |
December 18, 2023
JSW GROUP CHAIRMAN SAJJAN JINDAL FACES RAPE ALLEGATIONS; FIR REGISTERED BY MUMBAI POLICE
The Business Guardian

JSW GROUP CHAIRMAN SAJJAN JINDAL FACES RAPE ALLEGATIONS; FIR REGISTERED BY MUMBAI POLICE

Mumbai Police has officially registered a First Information Report (FIR) against Sajjan Jindal, the Chairman and Managing Director of JSW Group, following an order from the Bombay High Court.

time-read
1 min  |
December 18, 2023
ANGRY LOCALS, KIN OF WORKERS BLOCK ROAD NEAR BLAST-HIT FACTORY IN NAGPUR
The Business Guardian

ANGRY LOCALS, KIN OF WORKERS BLOCK ROAD NEAR BLAST-HIT FACTORY IN NAGPUR

Angry locals and relatives of workers blocked a highway near an explosives manufacturing unit in Nagpur district, where a blast claimed nine lives on Sunday, and demanded they be allowed to allowed to enter the premises to see the bodies. The crowd was later dispersed, police said.

time-read
1 min  |
December 18, 2023
Delhi High Court: Correctness Of Information Provided Cannot Be Adjudicated In Proceedings Under RTI Act
The Business Guardian

Delhi High Court: Correctness Of Information Provided Cannot Be Adjudicated In Proceedings Under RTI Act

The Delhi High Court in the case Narendra Tyagi v. Assistant Director, CPIO observed and has stated that the correctness of information provided under the Right to Information Act, 2005, or any other dispute or controversy, cannot be adjudicated in proceedings under the enactment.

time-read
1 min  |
December 18, 2023
The Business Guardian

BOMBAY HIGH COURT DIRECTED DEPARTMENT TO PERMIT AMEND IN GSTR-1, EITHER ONLINE OR MANUAL

The Bombay High Court in the case Star Engineers (I) Pvt. Ltd. Versus Union of India observed and has directed the department to permit the petitioner or assessee to amend or rectify Form GSTR-1 for the period July 2021, November 2021, and January 2022, either online or manually.

time-read
2 mins  |
December 18, 2023
Delhi High Court Upholds Charges Framed Against Former Punjab and Haryana High Court Registrar, Recruitment 2017 Haryana Judicial Paper leak
The Business Guardian

Delhi High Court Upholds Charges Framed Against Former Punjab and Haryana High Court Registrar, Recruitment 2017 Haryana Judicial Paper leak

The Delhi High Court in the case Dr Balwinder Kumar Sharma v. State of UT Chandigarh observed and has upheld that the charges framed against former Registrar i.e., the Recruitment of the Punjab and Haryana High Court, Dr. Balwinder Kumar Sharma, in connection with the paper leak of Haryana Civil Services i.e., the Judicial Branch Preliminary Examination, 2017.

time-read
2 mins  |
December 18, 2023
TELANGANA HIGH COURT PASSED A SLEW OF DIRECTIONS TO ENSURE SPEEDY DISPOSAL OF CASES AGAINST MLA & MPS
The Business Guardian

TELANGANA HIGH COURT PASSED A SLEW OF DIRECTIONS TO ENSURE SPEEDY DISPOSAL OF CASES AGAINST MLA & MPS

The Telangana High Court in the case observed and has passed the slew of directions to the Courts and Police Officials concerned in furtherance of the Suo Motu proceedings initiated that were taken up by the court in order to the ensure speedy disposal of cases with regards to MLAs and MPs.

time-read
1 min  |
December 18, 2023
17th Dubai Int'l Food Safety Conference kicks off at DWTC
The Business Guardian

17th Dubai Int'l Food Safety Conference kicks off at DWTC

The Dubai International TH Food Safety Conference, now in its 17th edition, commenced on December 11, 2023, at the Dubai World Trade Center (DWTC) with the theme 'Impact of Climate Change on Food Safety.'

time-read
3 mins  |
December 18, 2023
India to host Quad Summit later in 2024
The Business Guardian

India to host Quad Summit later in 2024

The e The anticipated QUAD (Quadrilateral Security Dialogue) Summit, originally scheduled for January in India, has been reportedly postponed to a later date in 2024, according to sources close to the matter. The decision stems from the logistical challenge of finding dates that align with the schedules of all QUAD partners.

time-read
2 mins  |
December 18, 2023
Global South expresses deep disappointment over GST draft at COP28
The Business Guardian

Global South expresses deep disappointment over GST draft at COP28

The ongoing climate conference (COP28) has become a battleground for developing countries as they express deep dissatisfaction with the latest draft of the global stocktake (GST), a document considered pivotal to the conference’s outcomes.

time-read
2 mins  |
December 18, 2023
TEACHERS, ADMINISTRATIVE STAFF IN POK DEMAND OVERDUE HIKE
The Business Guardian

TEACHERS, ADMINISTRATIVE STAFF IN POK DEMAND OVERDUE HIKE

The increase of 30 to 35 per cent is the basic right of the employees, which should be given to them. We have waited for five months on this matter,\" one of the protesting teachers said

time-read
1 min  |
December 18, 2023
Honda Elevate hits 20,000 sales since September launch
The Business Guardian

Honda Elevate hits 20,000 sales since September launch

Honda Cars India on Saturday said its mid-sized Sports Utility Vehicle Elevate has crossed 20,000 sales mark since its launch in the domestic market in September this year.

time-read
1 min  |
December 18, 2023
Genrobotics chosen among top three Indian startups at global AI summit
The Business Guardian

Genrobotics chosen among top three Indian startups at global AI summit

Genrobotics, a Kerala-based startup acclaimed for leveraging technology for social change, has been adjudged among top three Artificial Intelligence (AI) startups of India at the Global Partnership on Artificial Intelligence (GPAI) Summit 2023 organised by the Ministry of Electronics and Information Technology in New Delhi.

time-read
1 min  |
December 18, 2023
FCI boosts market supply with E-Auctions of Wheat, Rice
The Business Guardian

FCI boosts market supply with E-Auctions of Wheat, Rice

In a proactive measure to enhance the availability of essential commodities in the open market and mitigate inflationary trends, the Food Corporation of India (FCI) has successfully conducted 25 e-auctions, resulting in the sale of 48.12 Lakh Metric Tons (LMT) of wheat under the Open Market Sale Scheme (Domestic).

time-read
1 min  |
December 18, 2023
India's banking sector poised for growth: Fitch Ratings
The Business Guardian

India's banking sector poised for growth: Fitch Ratings

Fitch Ratings presents a positive outlook for 2024, underlining the nation’s substantial improvement in 2023, surpassing expectations.

time-read
1 min  |
December 18, 2023
DHARAVI PROJECT TENDERFINALIZED DURING MVA GOVERNMENT: ADANI
The Business Guardian

DHARAVI PROJECT TENDERFINALIZED DURING MVA GOVERNMENT: ADANI

The Adani Group won the Dharavi project through a transparent, internationally competitive, and equitable bidding procedure, the group announced in a statement

time-read
2 mins  |
December 18, 2023
Defence portal for PM GatiShakti launched: Army Chief
The Business Guardian

Defence portal for PM GatiShakti launched: Army Chief

Chief of the Army Staff, General Manoj Pande on Saturday said the Defence Portal for PM GatiShakti has been created and 300 infrastructure projects have been identified for dual purpose, which include four strategic tunnels and strategic railway lines.

time-read
1 min  |
December 18, 2023
BPSSC to employ AI in SI exam for 1,275 posts, 6.60 lakh candidates
The Business Guardian

BPSSC to employ AI in SI exam for 1,275 posts, 6.60 lakh candidates

The Bihar Police Subordinate Services Commission (BPSSC) will be using Artificial Intelligence (AI) powered system to prevent cheating during the preliminary examination for 1,275 posts of SubInspectors on Sunday.

time-read
1 min  |
December 18, 2023
Vande Bharat inauguration by PM Modi on Varanasi-Delhi route
The Business Guardian

Vande Bharat inauguration by PM Modi on Varanasi-Delhi route

Prime Minister Narendra Modi will visit his parliamentary constituency Varanasi on Sunday to inaugurate the Kashi Tamil Sangamam 2023 at Namo Ghat, according to the official statement.

time-read
2 mins  |
December 18, 2023
PM MODI: SURAT DIAMOND BOURSE SYMBOLIZES NEW INDIA'S STRENGTH
The Business Guardian

PM MODI: SURAT DIAMOND BOURSE SYMBOLIZES NEW INDIA'S STRENGTH

This edifice is a representation of India’s renewed will and power,” he declared. Additionally, Modi stated that the Surat airport has the status

time-read
2 mins  |
December 18, 2023
Electronics and services exports to contain slide in growth rate of trade
The Business Guardian

Electronics and services exports to contain slide in growth rate of trade

In the dynamic world of international trade, India faces a complex scenario as it endeavors to navigate global challenges and capitalize on potential opportunities.

time-read
2 mins  |
December 18, 2023
Unemployment to 13.4 per cent in 2022-23 among graduates drops
The Business Guardian

Unemployment to 13.4 per cent in 2022-23 among graduates drops

According to a government survey, the unemployment rate among graduates aged 15 and above has seen a decline from 14.9% in the previous year to 13.4% in 2022-23.

time-read
1 min  |
December 18, 2023
M-cap of 9 of top-10 most valued firms surges by Rs 2.26 trillion
The Business Guardian

M-cap of 9 of top-10 most valued firms surges by Rs 2.26 trillion

The past week witnessed a robust surge in the combined market valuation of nine out of the top 10 most valued firms, marking a significant uptrend in equities. Tata Consultancy Services (TCS) and Infosys emerged as the leading gainers amid this bullish trend.

time-read
1 min  |
December 18, 2023
Cabinet nod to India-US MoU on enhancing innovation ecosystems
The Business Guardian

Cabinet nod to India-US MoU on enhancing innovation ecosystems

In a move to significantly strengthen commercial opportunities in high-tech sector, India and the United States are set to enhance innovation ecosystems through an innovation handshake, the draft memorandum of understanding (MoU) for which was approved by the Union Cabinet chaired by Prime Minister Narendra Modi, on Friday.

time-read
1 min  |
December 18, 2023