In this issue

May 07, 2024

SERVICES SECTOR POSTS SHARPEST EXPANSION IN 14 YRS, RECORD EXPORTS

Business activity increased across the four sub-categories monitored by the survey, led by steep growth in finance and insurance.

3 mins

ICICI Bank makes UPI payments easier for NRIs with international numbers

ICICI Bank, a leading private sector bank in India, has unveiled a groundbreaking initiative aimed at enhancing the convenience and accessibility of digital payments for its Non-Resident Indian (NRI) customers.

1 min

Raymond on track to be among top 3 global suit makers, says CFO

Raymond, a leading garment manufacturer and retailer, is set to invest nearly Rs 200 crore to expand its capacity by one-third, aiming to solidify its position as the third-largest suit maker globally.

2 mins

India And Ghana To Launch Mobile Payments System Within 6 Months

In a landmark move aimed at fostering closer economic ties, India and Ghana have agreed to expedite the process of linking their respective payment systems.

2 mins

Indian airlines to carry 50 of India’s global traffic by FY28

The share of Indian air carriers in international passenger traffic originating from, terminating in, or transitioning through India is set to surge 700 basis points (bps) to 50 per cent by fiscal 2028 from 43 per cent in fiscal 2024, driven by airlines deploying additional aircraft and adding new routes in the international segment, as well as their inherent advantage of superior domestic connectivity compared with foreign carriers.

2 mins

MORE VOTERS CAST BALLOTS DESPITE LOW TURNOUT” CLAIMS, SAYS SBI RESEARCH

Despite concerns of declining voter engagement by percentage turnout, analysis underscores the importance of evaluating voting patterns by absolute numbers, revealing a significant increase with 20.7 crore voters in 2024 compared to 20.6 crore in 2019.

1 min

Online learning and tuition hikes to boost revenue, says Ind-Ra

India Ratings and Research (Ind-Ra) has provided a positive outlook for the education sector for the financial year 2024-25, citing factors such as growing enrolments and increasing tuition fees per student as key drivers.

1 min

Spotify Trials Lossless Audio Feature

Reports suggest that Spotify is currently experimenting with lossless audio streaming capabilities. This isn’t the initial endeavor by the Swedish audio streaming service to introduce support for lossless audio on its platform.

1 min

MARCH BANKING TRENDS: BUSINESS LOANS BOOM, PERSONAL LOANS SLOW AFTER HDFC MERGER

Business loans boom, personal loans slows down: March banking trends after HDFC merger. According to CareEdge Ratings, gross bank credit

1 min

Titan Co selects three CEO candidates; CK Venkataraman to step down in 2025

Titan Company finds itse lf struggling with another leadership transition, marking the fourth instance in its 40year history, as the Tata Group subsidiary initiates the search for a new chief executive officer (CEO) prior to the imminent departure of its third CEO, C K Venkataraman.

1 min

More Than 23 Million Afghans Urgently Require Humanitarian Aid: UNAMA Report

The latest report from the United Nations Assistance Mission in Afghanistan (UNAMA) paints a bleak picture, revealing that a staggering 23.7 million people are in desperate need of humanitarian assistance as of 2024, as reported by Khaama Press.

2 mins

INDIA'S INDIGO ORDERS 30 AIRBUS A350 WIDEBODY AIRCRAFT

While the Airbus A320 Family is supporting the democratisation of air travel in India, the A350 has become the reference aircraft to unlock the true potential of the international market for the Indian carriers.

2 mins

SUPREME COURT: STRONGER EVIDENCE NEEDED TO SUMMON PERSON AS ADDITIONAL ACCUSED DURING TRIAL | SECTION 319 CRPC

The Supreme Court in the case Shankar Versus the State Of Uttar Pradesh And Ors. observed and has held that to summon a person as an additional accused while invoking powers as stated under Section 319 of the Code of Criminal Procedure, the degree of satisfaction is much stricter.

3 mins

SUPREME COURT FRAMED ISSUES TO CONSIDER, HEARING IN JULY 2024: CHALLENGE TO SURROGACY LAW

The Supreme Court in the case Arun Muthuvel v. Union of India observed and has elucidated the issues it would be considering in a batch of petitions filed challenging provisions of the Surrogacy, the Regulation Act, 2021 and the Surrogacy, Regulation Rules, 2022.

2 mins

SUPREME COURT: BANK VICARIOUSLY LIABLE FOR CONDUCT OF ITS EMPLOYEES

The Supreme Court in the case Leelawati Devi And Anr. v. District Cooperative bank Ltd. observed and has held that recipients of a fixed deposit cannot suffer at the cost of the criminal conduct of the Bank officials and that, in such kind of an event the Bank would be held vicariously liable for the such kind of conduct of their employees.

2 mins

WON'T GO BACK TO BJP EVEN IF IT OPENS DOOR: UDDHAV THACKERAY

Shiv Sena (UBT) chief Uddhav Thackeray on Sunday said even if the BJP opens the door for him, he will not go back to his former ally, accusing the saffron party of sinking his government in 2022 through ‘treachery’.

2 mins

Read all stories from The Business Guardian

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:

* Economic news and analysis: The Business Guardian covers the latest economic news and trends from India and around the world. The magazine also provides in-depth analysis of the Indian economy, as well as its impact on businesses and individuals.
* Industry news and trends: The Business Guardian also covers the latest news and trends from different industries, such as technology, finance, healthcare, and manufacturing. This coverage helps readers to stay informed about the latest developments in their respective industries.
* Corporate news and profiles: The Business Guardian also features corporate news and profiles of leading companies in India. These profiles provide readers with insights into the strategies and operations of these companies.
* Management and leadership: The Business Guardian also features articles on management and leadership. These articles help readers to develop their skills and knowledge in these areas.

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.