CATEGORIES

KARNATAKA GRANTS BAIL TO ACCUSED MOHAN NAYAK
The Business Guardian

KARNATAKA GRANTS BAIL TO ACCUSED MOHAN NAYAK

The Karnataka High Court has granted bail to Mohan Nayak N, the 11th accused in the murder of journalist Gauri Lankesh.

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2 mins  |
December 10, 2023
Auto majors set for price hike amidst upswing in input costs
The Business Guardian

Auto majors set for price hike amidst upswing in input costs

The pressure to balance rising input costs is leaving little option for India’s automobile industry than to go for a price hike.

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1 min  |
December 10, 2023
OMCS TO SET UP 7432 EV CHARGING STATIONS
The Business Guardian

OMCS TO SET UP 7432 EV CHARGING STATIONS

The Ministry of Heavy Industries has sanctioned 7432 electric vehicle charging stations to three oil marketing companies (OMCs) under the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme phase-II and has also sanctioned Rs 800 crore as capital subsidy to the OMCs of the Ministry of Petroleum and Natural Gas (MoPNG) for establishment of the EV public charging stations.

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2 mins  |
December 10, 2023
CLIMATE CENTRE FOR CITIES AT NIUA, JOIN THE 'RACE TO RESILIENCE CAMPAIGN' AT COP28
The Business Guardian

CLIMATE CENTRE FOR CITIES AT NIUA, JOIN THE 'RACE TO RESILIENCE CAMPAIGN' AT COP28

The Climate Centre for Cities (C-Cube) at the National Institute of Urban Affairs (NIUA) joined the Race to Resilience Campaign, an initiative led by the UN Climate Change High Level Champions for COP27 and COP 28 to mainstream the resilience in cities across India.

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1 min  |
December 10, 2023
IITian creates new-age finance platform to boost NGOs
The Business Guardian

IITian creates new-age finance platform to boost NGOs

The growing importance of sell-help groups and non-profits under the Narendra Modi government’s push for “Sabka Saath, Sabka Vikas…” is set to get a further boost with a former IITian coming up a new-age platform for transparent and outcome-based financing for NGOs.

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1 min  |
December 10, 2023
India's GDP growth is 10 years' transformative reforms reflection: PM Modi
The Business Guardian

India's GDP growth is 10 years' transformative reforms reflection: PM Modi

Prime Minister Narendra Modi on Saturday said India’s GDP growth of 7.7 per cent in the first six months of the current fiscal year is a reflection of the country’s strengthening economy and the transformative reforms carried out in the last 10 years.

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4 mins  |
December 10, 2023
The Business Guardian

GOVT TO PROCURE DOMESTIC RAW MATERIAL TO PUSH $40 BILLION APPAREL EXPORTS

The Government is pushing for the expansion of textile exports to USD100 billion led by growth in exports of readymade garments (RMG) from USD 16 billion to USD 40 billion which will have the potential to be a game changer for the future of the textiles industry and create a value-added proposition.

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2 mins  |
December 10, 2023
STRONG HOUSEHOLD SPENDING TO SPUR INDIA'S RISE TO 3RD LARGEST CONSUMER MARKET
The Business Guardian

STRONG HOUSEHOLD SPENDING TO SPUR INDIA'S RISE TO 3RD LARGEST CONSUMER MARKET

India’s consumer spending over 2024 demonstrates a positive outlook, offering stable growth as consumer confidence recovers beyond pre-covid levels, buoyed by recovery in the wider Indian economy and suggesting that consumer spending on big-ticket items will be more likely. However, sticky inflation and elevated unemployment stay as downside, as per an outlook for India’s consumer sector by Fitch Solutions company, BMI.

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4 mins  |
December 10, 2023
MAHA WINTER SESSION: OPPOSITION LEADERS SHOUT SLOGANS TO TARGET GOVT OVER FARMERS' ISSUES
The Business Guardian

MAHA WINTER SESSION: OPPOSITION LEADERS SHOUT SLOGANS TO TARGET GOVT OVER FARMERS' ISSUES

On the second day of the winter session of Maharashtra legislature, the Opposition continued to accuse the government of not acting on issues faced by farmers and its demands for higher MSP for cotton, better prices for onions and farm loan waiver.

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1 min  |
December 09, 2023
Maharashtra govt to form study group to curb Ponzi schemes: Fadnavis
The Business Guardian

Maharashtra govt to form study group to curb Ponzi schemes: Fadnavis

The Maharashtra government will form a study group to go through the rising cases of Ponzi schemes in the state and work on its recommendations to curb them, said deputy chief minister and state home minister Devendra Fadnavis on Friday. He was speaking during the question hour in the winter session of the state legislature which began on Thursday.

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1 min  |
December 09, 2023
MAHARASHTRA BJP MLAS HOLD PROTEST IN NAGPUR AGAINST PRIYANK KHARGE'S REMARK ON SAVARKAR
The Business Guardian

MAHARASHTRA BJP MLAS HOLD PROTEST IN NAGPUR AGAINST PRIYANK KHARGE'S REMARK ON SAVARKAR

Reacting to Karnataka Minister Priyank Kharge’s comment suggesting the removal of the portrait of India’s freedom fighter Vinayak Damodar Savarkar from the Karnataka state Assembly building, BJP MLAs in Maharashtra held a protest and raised slogans on the stairs of Vidhan Bhavan, Nagpur on Thursday.

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1 min  |
December 09, 2023
BJP'S OPPOSITION TO NAWAB MALIK'S INDUCTION SPARKS INTENSE CONTROVERSY
The Business Guardian

BJP'S OPPOSITION TO NAWAB MALIK'S INDUCTION SPARKS INTENSE CONTROVERSY

The political landscape in Maharashtra is currently ablaze with controversy as Deputy Chief Minister Devendra Fadnavis of the Bharatiya Janata Party (BJP) opposes the induction of Nawab Malik, a senior leader of the Nationalist Congress Party (NCP), into the ruling alliance. The rift has ignited a war of words among leaders from different factions, adding fuel to an already tense political scenario.

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2 mins  |
December 09, 2023
SUPREME COURT TAKES SUO MOTU COGNISANCE OF CALCUTTA HIGH COURT JUDGEMENT ADVISING FEMALE ADOLESCENTS ON SEXUAL BEHAVIOUR
The Business Guardian

SUPREME COURT TAKES SUO MOTU COGNISANCE OF CALCUTTA HIGH COURT JUDGEMENT ADVISING FEMALE ADOLESCENTS ON SEXUAL BEHAVIOUR

The Supreme Court in the case observed and has taken the Suo motu cognizance of the judgement of the Calcutta High Court wherein the court stated that every female adolescent should control the sexual urge as in the eyes of the society she will be the looser when she gives in to enjoy the sexual pleasure of hardly two minutes.

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2 mins  |
December 09, 2023
62nd network planning group meeting under PM GatiShakti discussed four infrastructure projects worth Rs 15,000 crore
The Business Guardian

62nd network planning group meeting under PM GatiShakti discussed four infrastructure projects worth Rs 15,000 crore

The 62nd Network Planning Group (NPG) meeting under PM GatiShakti was held yesterday in New Delhi, under the chairpersonship of Special Secretary (Logistics), Department for Promotion of Industry and Internal Trade (DPIIT), SumitaDawra.

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2 mins  |
December 09, 2023
CBDC HAS THE POTENTIAL TO REDUCE CROSS-BORDER TRANSACTION COST TO 2-3%: SECRETARY, DEPARTMENT OF ECONOMIC AFFAIRS
The Business Guardian

CBDC HAS THE POTENTIAL TO REDUCE CROSS-BORDER TRANSACTION COST TO 2-3%: SECRETARY, DEPARTMENT OF ECONOMIC AFFAIRS

Addressing FICCI’s 96TH Annual General Meeting and Annual Convention, on the theme- ‘The World’s Growth Engine’, Mr Ajay Seth, Secretary, Department of Economic Affairs, Ministry of Finance, Govt of India, said that the Central Bank Digital Currency (CBDC) has the potential to reduce cross- border transaction cost to two-three per cent.

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2 mins  |
December 09, 2023
HIROKAZU MATSUNO ALLEGEDLY RECEIVED 10 MILLION YEN IN KICKBACKS
The Business Guardian

HIROKAZU MATSUNO ALLEGEDLY RECEIVED 10 MILLION YEN IN KICKBACKS

In a recent development that has sent shockwaves through Japanese politics, Chief Cabinet Secretary Hirokazu Matsuno, a prominent member of the ruling Liberal Democratic Party’s (LDP) largest faction, is under scrutiny for allegedly receiving over 10 million yen (USD 70,000) in kickbacks from fundraising events organized by his party group.

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3 mins  |
December 09, 2023
Maruti to launch 550 km range EV by March 2025
The Business Guardian

Maruti to launch 550 km range EV by March 2025

According to a report by Autocar India (ACI), Maruti Suzuki, the largest automobile manufacturer in the nation, is scheduled to launch the eVX, the nation’s first electric vehicle, in the Indian market in March of the following year.

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1 min  |
December 09, 2023
94% parents concerned about Child's mental health from smartphone use
The Business Guardian

94% parents concerned about Child's mental health from smartphone use

The mobile device manufacturer vivo and Cybermedia Research, 94% of parents are extremely concerned about the mental health of their kids as a result of their exposure to cellphones, and 91% of them want some restrictions on their access.

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1 min  |
December 09, 2023
Adani Ports aiming for carbon neutrality by 2025
The Business Guardian

Adani Ports aiming for carbon neutrality by 2025

Gautam Adani, the chairman of the Adani Group, declared on Friday that by 2025, all of the company’s port operations will be carbon neutral.

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1 min  |
December 09, 2023
TATA GROUP TO BUILD IPHONE FACTORY FOR APPLE'S INDIA EXPANSION
The Business Guardian

TATA GROUP TO BUILD IPHONE FACTORY FOR APPLE'S INDIA EXPANSION

Those with knowledge of the situation claim that Tata intends to build the factory in Hosur, in the southern state of Tamil Nadu

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1 min  |
December 09, 2023
559 cooperatives join GeM portal as buyers: Amit Shah
The Business Guardian

559 cooperatives join GeM portal as buyers: Amit Shah

As of November 15, 559 cooperative societies have registered as buyers on the government’s public procurement system, Government e-Marketplace (GeM), enabling them to purchase items from thousands of MSMEs and other companies, as disclosed to Parliament by Cooperation and Home Minister Amit Shah.

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1 min  |
December 09, 2023
10,000 fuel stations now offer EV Charging Nationwide
The Business Guardian

10,000 fuel stations now offer EV Charging Nationwide

Electric vehicle charging stations are now available at almost 10,000 gas stations nationwide, indicating that conventional energy providers are determined to keep up with India’s swift transition to electric automobiles.

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1 min  |
December 09, 2023
INDIA TARGETS 4,500 VANDE BHARAT TRAINS BY 2047: SCINDIA
The Business Guardian

INDIA TARGETS 4,500 VANDE BHARAT TRAINS BY 2047: SCINDIA

The union minister went on to say that India will get its first highspeed bullet train between 2026 and 2027. He added that by the end of 2024, Navi Mumbai's second airport will be functioning

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2 mins  |
December 09, 2023
2nd Jan Vishwas Bill in the works to increase ease of compliance: Goyal
The Business Guardian

2nd Jan Vishwas Bill in the works to increase ease of compliance: Goyal

The Government is working on a second Jan Vishwas Bill to increase the ease of compliance for industry.

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2 mins  |
December 09, 2023
Govt nod to extra allocation of Rs 2500 cr for continuation of Interest Equalisation Scheme
The Business Guardian

Govt nod to extra allocation of Rs 2500 cr for continuation of Interest Equalisation Scheme

In a significant relief for the stressed exporters in India, the Union Cabinet chaired by Prime Minister Narendra Modi on Friday, approved an additional allocation of Rs 2500 crore for continuation of the Interest Equalisation Scheme till 30th June 2024.

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1 min  |
December 09, 2023
PM Modi kicks off Uttarakhand summit, Rs 44,000 Cr projects signed
The Business Guardian

PM Modi kicks off Uttarakhand summit, Rs 44,000 Cr projects signed

Dehradun witnessed the grand inauguration of the Uttarakhand Global Investors Summit 2023 by Prime Minister Narendra Modi at the Forest Research Institute.

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2 mins  |
December 09, 2023
Govt makes mandatory for 100% foodgrains, 20% of sugar to be packed in jute bags
The Business Guardian

Govt makes mandatory for 100% foodgrains, 20% of sugar to be packed in jute bags

In another step towards self-reliance in consonance with ‘Aatmanirbhar Bharat, the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi, on Friday, approved reservation norms for mandatory use of jute in packaging for Jute Year 2023 -24 (1 July, 2023 to 30 June, 2024).

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1 min  |
December 09, 2023
RBI STAYS ON DISINFLATIONARY TRACK, KEEPS REPO RATE INTACT AT 6.50%
The Business Guardian

RBI STAYS ON DISINFLATIONARY TRACK, KEEPS REPO RATE INTACT AT 6.50%

Economic activity exhibited buoyancy in Q2 aided by strong domestic demand as GDP posted a robust growth of 7.6 per cent driven by investment and government consumption.

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2 mins  |
December 09, 2023
'India's digital economay to drive 20% of GDP by 2026'
The Business Guardian

'India's digital economay to drive 20% of GDP by 2026'

Union Minister Rajeev Chandrasekhar, while addressing the 'Startup Conclave 2023' organized by the Gujarat government, emphasized India's digital transformation and its burgeoning role in the global tech landscape.

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1 min  |
December 08, 2023
HOSPITAL STAFFER ARRESTED FOR ATTEMPTED INVASION OF PRIVACY
The Business Guardian

HOSPITAL STAFFER ARRESTED FOR ATTEMPTED INVASION OF PRIVACY

Mumbai police apprehended a hospital employee accused of attempting to secretly record a medical student while she was bathing at a local college.

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1 min  |
December 08, 2023