In this issue

April 27, 2024

SUPREME COURT: EGG SHELL SKULL’ RULE CAN BE APPLIED ONLY WHEN PATIENT HAD PRE-EXISTING CONDITIONS MEDICAL NEGLIGENCE

The Supreme Court in the case Jyoti Devi Versus Suket Hospital And Ors observed that the compensation was wrongly reduced by applying 'Eggshell Skull Rule', the court enhanced the compensation amount is to be paid to a patient from Rs. 2 Lakhs to Rs. 5 Lakhs after recording that she was suffering persistently post-surgery due to deficiency in service by the doctor.

3 mins

'WILL NEVER ALLOW CONGRESS TO TAKE AWAY WOMEN'S GOLD, SAYS NAVNIT RANA

BJP candidate from Amravati, Navnit Rana on Friday cast her vote as she attempts to retain the seat which she had won as an independent candidate in 2019. Speaking after casting her franchise Rana launched a scathing attack on the Congress manifesto and Congress leader Rahul Gandhi.

2 mins

FOREIGN INVESTMENT NO LONGER ALIGNED WITH GDP GROWTH, GLOBAL CRISES FRACTURING FDI

The decline in manufacturing has severely impacted smaller economies, hindering their ability to participate in global production, upgrade production methods and adopt new technologies.

4 mins

Threads surpasses 150M monthly active users, reveals mark Zuckerberg

Chief Executive Officer Mark Zuckerberg has announced that Threads, Meta's text-based conversation app, boasts over 150 million monthly active users, positioning it as a competitor to Elon Musk's X (formerly known as Twitter).

1 min

RIL earns S&P, fitch approval with strong earnings, controlled leverage

Global rating agencies S&P and Fitch have bestowed their confidence upon Reliance Industries Ltd following its strong earnings for the fiscal year ending March 31, 2024.

1 min

ITC ventures abroad: Debut overseas hotel launches in Colombo, Sri Lanka

In a strategic move towards global expansion, ITC, the diversified conglomerate headquartered in Kolkata, inaugurated its first hotel outside India in Colombo on Thursday.

1 min

Tata Electronics crafting precision machines for iPhone casings

Tata Electronics, recognized as a significant player in producing enclosures for Apple iPhones in India, is currently directing its efforts towards internally designing and developing highly advanced and intricate high-precision machines for manufacturing iPhone casings.

1 min

YOUTUBE, GOOGLE CLOUD SET TO HIT 100 BN REVENUE MARK: SUNDAR PICHAI

Sundar Pichai, CEO of Alphabet and Google, anticipates that the combined revenue from YouTube and Cloud businesses will exceed 100 billion by the end

2 mins

AI fuels Microsoft's growth, revenue surges 17%, azure up 31%

Microsoft Corporation announced robust financial results for its third quarter ending on March 31, with revenue soaring to $61.9 billion, marking a notable 17% increase from the previous year.

1 min

India sets ambitious target, 7% of transport via inland waterways by 2047

The Ministry of Ports, Shipping, and Waterways (MoPSW) reiterated its commitment to enhance the share of Inland Water Transport (IWT) during a two-day conference held in Kochi. The ministry aims to increase the share of IWT to 5% by 2030 and 7% by 2047, aligning with its Maritime Amrit Kaal Vision 2047.

2 mins

India’s power generation surges to highest level in over a decade

These internal estimates from the federal power ministry, reviewed by Reuters, suggest the fastest pace of growth since at least 2011/12.

2 mins

INDIA'S FY25 GDP PROJECTED TO GROW 6.6%, SAYS DELOITTE

Deloitte’s revised growth forecast for the last fiscal year and projections for 2023-24 reflect economic optimism, anticipating India’s GDP growth to reach approximately 6.75 percent in the coming fiscal year amidst geopolitical uncertainties.

2 mins

TCS CEO Foresees AI Replacing Call Centers

The CEO of Tata Consultancy Services (TCS), K Krithivasan, stated that advancements in artificial intelligence (AI) will result in a substantial decrease in the requirement for call centers within a year.

1 min

Prez Biden Announces 1 Billion Dollars New Security Assistance For Ukraine

The United States has unveiled a new USD 1 billion aid package for Ukraine, a move swiftly following President Joe Biden's enactment of a national security supplemental into law on Wednesday.

2 mins

Brace For Pricier Veggies As Heatwave Delays Price Drop: Crisil

Vegetable prices in India are expected to remain elevated in the coming months due to above-normal temperatures until June, according to a report by Crisil.

1 min

Credit card spending surges 27% in FY24 (RBI Data)

The Reserve Bank of India (RBI) recently released data indicating a significant surge in credit card spends during the financial year 2023-24 (FY24).

2 mins

STRONG FOREX RESERVES, INDIA CAN COVER IMPORTS FOR 11 MONTHS

India's surge in foreign exchange reserves is fuelled by a notable increase in capital inflows during the fiscal year 2023-24, demonstrating effective management by monetary authorities and boosting the nation's financial resilience amid global economic uncertainties.

2 mins

One team, chip dream, India's path to semiconductor leader: ICEA

India Cellular & ElectronLics Association (ICEA) has released a report aimed at positioning India as a global leader in semiconductor product design and IP creation.

1 min

Hyundai, Kia on track for 1.5 million vehicle output in India by 2025

Hyundai Motor India is gearing up to significantly enhance its production capabilities in the country, aiming to achieve an annual production milestone of one million units by 2025.

1 min

RAILWAYS DEVELOPING AMRIT YARD MODEL TO EASE CONGESTION

After Amrit Bharat stations and trains, the Ministry of Railways is now working on the Amrit Yard concept to decongest saturated yards on the railway network

1 min

India's development to ease high food inflation: Ashima Goyal

In India, the issue of high food inflation is expected to become \"less severe\" in the future, according to Ashima Goyal, a member of the RBI Monetary Policy Committee (MPC).

2 mins

Hyundai India plans 5 new EVs by 2030, debuting Electric SUV in 2024

Hyundai Motor India will introduce five new electric vehicles (EVs) by 2030, said the South Korean automaker on Thursday, bringing forward its \"locally tailored\" plans for the sector by two years.

2 mins

BUSINESS LEADERS URGE PAKISTAN'S PRIME MINISTER SHEHBAZ TO COMMENCE TRADE TALKS WITH INDIA

The bilateral ties nosedived after India abrogated Article 370 of the Constitution, revoking the special status of J&K and bifurcating the State into 2 UTs on 5 August, 2019.

3 mins

Indian Hotels stock drops 5% after Q4 results; peers surge

The stock price of Indian Hotels plummeted by 5.1 percent to reach a low of Rs 577 during Thursday's intra-day trading session, following the release of the company's Q4 results.

1 min

VODAFONE-IDEA 2.0: FPO SIGNALS NEW CHAPTER

The successful completion of the Rs 18,000 crore follow-on public offer (FPO) marks the beginning of Vodafone Idea 2.0, which will stage a \"smart turnaround,\"

2 mins

282 MILLION PEOPLE EXPERIENCE ACUTE HUNGER IN 2023, GAZA HIT HARDEST BY FAMINE, SAYS UN REPORT

Nearly Tearly 282 million people in 59 countries suffered from acute hunger in 2023, with war-torn Gaza as the territory with the largest number of people facing famine, according to the Global Report on Food Crises released Wednesday.

2 mins

Tide Report: 47% of Indian women struggle with credit access

According to a report by Tide, a UK-based business financial platform released on Wednesday, 47 percent of women encounter difficulties in obtaining credit.

1 min

SHRI HANUMAN JANAM MAHOTSAV CELEBRATED WITH GREAT POMP

Shri Hanuman Janamotsav, organised by the registered Hanuman Bhakt Seva Samiti, was celebrated with great pomp at Marghat Wale Baba Jamuna Bazaar.

1 min

'After June 4, Modi ji and his party will not be in power': Sanjay Raut

Shiv Sena (UBT) leader Sanjay Raut said on Thursday that after June 4, Modi ji and his party will not be in power.

2 mins

BJP's stand on Constitution paramount, individual remarks secondary: Ashok Chavan

BJP Rajya Sabha member Ashok Chavan has said an individual's opinion does not matter when it comes to narrative about the Constitution and Prime Minister Narendra Modi has clearly stated the statute book will not be changed.

1 min

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The Business Guardian Newspaper Description:

The Business Guardian is a monthly business magazine published in India. It was launched in 2005 and is one of the most popular business magazines in the country. The magazine is known for its in-depth coverage of the Indian economy, as well as its insights from leading experts in the field. It covers a wide range of topics related to business, including:

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The Business Guardian is a valuable resource for anyone who is interested in business in India. It is a must-read for anyone who is looking to stay informed about the latest economic and business trends in the country, or who is looking for insights from leading experts in the field.