The Business Guardian - May 23, 2023Add to Favorites

The Business Guardian - May 23, 2023Add to Favorites

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In this issue

May 23, 2023

Sebi moots proposal to strengthen SCORES

Capital markets regulator Sebi is looking to strengthen the investor grievance handling process through the SCORES system and integrate the same with the online dispute resolution mechanism

Sebi moots proposal to strengthen SCORES

2 mins

Consumption, rural demand to drive growth in Q1: RBI report

India’s growth in the first quarter of financial year 2023-24 is expected to be driven by private consumption, supported by reviving rural demand and renewed buoyancy in manufacturing on easing of input cost pressures, the central bank said in its “State of the Economy” report, published as part of its monthly bulletin

Consumption, rural demand to drive growth in Q1: RBI report

2 mins

Adani stocks power Sensex, Nifty

Indian shares rose on Monday and extended gains for the second consecutive session, led by a surge in Adani stocks and the metals index, while markets monitor US debt limit negotiations after they stalled last week

Adani stocks power Sensex, Nifty

1 min

ADEQUATE NOTES AVAILABLE, NO REASON TO WORRY: DAS

Impact of Rs 2,000 notes withdrawal marginal on economy: RBI Guv

ADEQUATE NOTES AVAILABLE, NO REASON TO WORRY: DAS

2 mins

'Normal rains augur well for sowing kharif season'

The forecast of a normal monsoon by the India Meteorological Department, surplus waters in reservoirs, adequate availability of seeds and fertilisers, and robust tractor sales augurs well for a healthy kharif sowing season, the Ministry of Finance said in its Monthly Economic Review report released Monday

'Normal rains augur well for sowing kharif season'

2 mins

CIL FINISHES WAGE REVISION PACT WITH NON-EXECUTIVES

The final impact of the 25% increase in allowances will be intimated shortly which is not likely to be significant

CIL FINISHES WAGE REVISION PACT WITH NON-EXECUTIVES

1 min

RBI's move to remove Rs 2k notes boosts bonds

India’s shorter bonds rallied and money market rates eased on bets that a withdrawal of the nation’s highest value currency note would leave banks with surplus cash to invest

RBI's move to remove Rs 2k notes boosts bonds

1 min

SC stops demolition drive for seven days

The Supreme Court on Monday directed the Delhi Development Authority (DDA) to stop for a week its ongoing drive for demolition of illegal constructions in the Vishwas Nagar area of East Delhi to enable residents to relocate

SC stops demolition drive for seven days

1 min

Delhi HC issues notice to BBC on defamation suit

The Delhi High Court on Monday issued notice to the British Broadcasting Corporation (BBC) based on a defamation suit moved by a Gujarat-based non-government organisation (NGO)

Delhi HC issues notice to BBC on defamation suit

1 min

'Textile park in MP will open doors of progress'

Prime Minister Narendra Modi on Sunday said that the new Mega Textile Park in Madhya Pradesh’s Dhar district will open doors of development in the state

'Textile park in MP will open doors of progress'

1 min

Meta fined $1.3 bn over data transfers to US: WSJ report

Facebook-owner Meta has been slapped a record 1.2 billion euros (USD 1.3 billion) for sending European Union (EU) user data to the US in breach of a previous court ruling, The Wall Street Journal reported

Meta fined $1.3 bn over data transfers to US: WSJ report

1 min

JSW Steel, JFE ink pact to set up plant in India

JSW Steel, on Monday, announced that it has reached an in-principle agreement with Japan’s JFE Steel to establish a 50:50 joint venture company to manufacture cold-rolled grain-oriented (CRGO) electrical steel in India

JSW Steel, JFE ink pact to set up plant in India

1 min

JUNE 1 IS 'HARD DEADLINE' FOR RAISING DEBT CEILING

US Treasury Secretary Janet Yellen reaffirmed June 1 as the “hard deadline” for the US to raise the debt ceiling or risk defaulting on its obligations, CNN Business reported

JUNE 1 IS 'HARD DEADLINE' FOR RAISING DEBT CEILING

2 mins

To settle debt, Reliance Power offers Rs 1.2k cr

Reliance Power has made a Rs 1,200 crore one-time settlement (OTS) proposal to the lenders of its subsidiary Vidarbha Industries Power Ltd (VIPL) to settle its debt, sources aware of the matter said. As per the proposal, the company has offered to pay around Rs 1,200 crore in upfront cash to the lenders which include Axis Bank, SBI, Bank of Baroda, PNB, Canara Bank, and Bank of Maharashtra

To settle debt, Reliance Power offers Rs 1.2k cr

1 min

TCS to leverage Google Cloud's generative AI

Tata Consultancy Services (TCS) on Monday announced an expanded partnership with Google Cloud and the launch of its new offering — TCS Generative AI which leverages Google Cloud’s generative AI services, to design and deploy custom-tailored business solutions

TCS to leverage Google Cloud's generative AI

1 min

Can Air India emulate Singapore Airlines'

Following consecutive quarters of standout financial results, many expected Singapore Airlines (SIA) to turn in a dazzling set of numbers last week when it announced its full-year results. Singapore’s national carrier did not disappoint as it reported the highest annual profit in its 76-year history

2 mins

Impact of China's BRI on African countries

Despite China asserting time and again that Africa has benefitted from Beijing’s infrastructure projects under the Belt and Road Initiative (BRI), the adverse impacts of them are seen on the country’s environment as well as the economy, Capital News, a Kenya-based media company reported

Impact of China's BRI on African countries

2 mins

India's pledge to revive forgotten Buddhist folklore

The long-awaited Hindi translations of five classical Tibetan Buddhist texts, first obtained from Tibet by famous author Rahul Sankrityayan (18931963) for India, are now set for printing, according to Bhutan Live

India's pledge to revive forgotten Buddhist folklore

1 min

Madras High Court: Even After 125 Years, Revenue Authorities Still Haven't Understood Its Purport; Tamil Nadu Land Enforcement Act

The Madras High Court in the case Mathiyari v The District Collector and Others observed and has stated that even after 125 years of enactment, the revenue authorities have still not understood the purport of the Tamil Nadu Land Encroachment Act, 1905

Madras High Court: Even After 125 Years, Revenue Authorities Still Haven't Understood Its Purport; Tamil Nadu Land Enforcement Act

1 min

CESTAT: VALUE OF SALE OF BOOKS CANNOT BE INCLUDED IN THE VALUE OF COACHING SERVICES AND NO SERVICE TAX PAYABLE

The Customs, Excise and Service Tax Appellate Tribunal, the Kolkata bench in the case observed and has held that the value of the sale of books cannot be included in the value of coaching services and the service tax is not payable in the case

CESTAT: VALUE OF SALE OF BOOKS CANNOT BE INCLUDED IN THE VALUE OF COACHING SERVICES AND NO SERVICE TAX PAYABLE

2 mins

Supreme Court Reiterated: No Adverse Observation Against Judicial Officers Without Due Opportunity

The Supreme Court in the observed and has reiterated that the orders which are making the adverse observations with regard to the manner in which a judicial officer has exercised discretion in any manner which should not be made without an opportunity is given to the concerned person whose career and the esteem will be affected

Supreme Court Reiterated: No Adverse Observation Against Judicial Officers Without Due Opportunity

1 min

MADRAS HIGH COURT: QUASHED DETENTION ORDER; INTIMATION OF ARREST OF DETENUE MADE THROUGH SMS HAMPERS CONSTITUTIONAL SAFEGUARD OF EFFECTIVE REPRESENTATION

The Madras High Court in the case Harini v.

MADRAS HIGH COURT: QUASHED DETENTION ORDER; INTIMATION OF ARREST OF DETENUE MADE THROUGH SMS HAMPERS CONSTITUTIONAL SAFEGUARD OF EFFECTIVE REPRESENTATION

2 mins

SUPREME COURT: CONCERNS EXPRESSED OVER LISTING OF BAIL APPLICATION ARISING FROM SAME FIR BEFORE DIFFERENT BENCHES OF ORISSA HIGH COURT

The Supreme Court in the case Pradhani Jani v.

SUPREME COURT: CONCERNS EXPRESSED OVER LISTING OF BAIL APPLICATION ARISING FROM SAME FIR BEFORE DIFFERENT BENCHES OF ORISSA HIGH COURT

1 min

Gauhati High Court To Social Welfare Department: Ensuring Office Of Transgender Welfare Board Is Made Functional by June 23

The Gauhati High Court in the case All Assam Transgender Association v. The State of Assam & 7 Ors observed and has directed the Assam’s Finance Department for ensuring that the budget for setting up the office of the Transgender Welfare Board is released at the earliest

Gauhati High Court To Social Welfare Department: Ensuring Office Of Transgender Welfare Board Is Made Functional by June 23

1 min

PM Modi arrives in Sydney, to hold talks with Albanese

Prime Minister Narendra Modi arrived in Sydney as part of the third and final leg of his three-nation visit after concluding his visit to Papua New Guinea

PM Modi arrives in Sydney, to hold talks with Albanese

1 min

US, PNG sign defence cooperation

The United States and Papua New Guinea have signed a new bilateral defence cooperation agreement amid increasing China’s assertiveness in the Indo-Pacific region, CNN reported

1 min

Nitish meets Kharge, Rahul for oppn unity

Bihar Chief Minister Nitish Kumar, who is in the national capital as part of efforts to forge a united front against the BJP in the 2024 Lok Sabha polls, met Congress president Mallikarjun Kharge and party leader Rahul Gandhi on Monday

Nitish meets Kharge, Rahul for oppn unity

1 min

Indian jets to take part in French National Day parade

India is preparing to send a military contingent including fighter aircraft to take part in the French National Day parade where Prime Minister Narendra Modi would be the guest of honour

Indian jets to take part in French National Day parade

1 min

MODI WAS NOT IN FAVOUR OF RS 2K NOTES: EX-SECY TO PM

PM Modi gave reluctant permission as note ban had to be done in limited time, says Nripendra Misra

MODI WAS NOT IN FAVOUR OF RS 2K NOTES: EX-SECY TO PM

2 mins

'Phase-I of Ram Mandir to be completed by this December'

The first phase of the construction of Ram Mandir in Ayodhya will be completed by December 30 this year, Nripendra Misra, who heads the construction committee of the Ram Janmabhoomi Teerth Kshetra Trust, said on Monday

1 min

Read all stories from The Business Guardian

The Business Guardian Newspaper Description:

PublisherITV Network

CategoryNewspaper

LanguageEnglish

FrequencyDaily

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.

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