In this issue

March 02, 2024

Saturday session tests disaster recovery for stocks

In a bid to assess their readiness to manage potential disruptions, leading stock exchanges BSE and NSE have announced a special trading session in the equity and equity derivative segment on Saturday.

2 mins

Commercial LPG prices rise Rs 25 in India

Commercial LPG cylinder prices in India witnessed a hike of Rs 25 on Friday, with the cost of a 19 kg cylinder reaching Rs 1,795 in Delhi.

2 mins

NEARLY 97.6% OF RS 2,000 NOTES RETURNED, RS 8,470 CRORE STILL IN CIRCULATION

The decision to withdraw Rs 2000 banknotes came after their introduction in November 2016, following the demonetisation of the then-existing Rs 1000 and Rs 500 banknotes

2 mins

UPI transactions see slight dip to Rs 18.28 trillion

After reaching a peak in JanuPayment Interface (UPI) transactions in India experienced a slight decline in both value and volume in February, dropping by 0.7% and 0.8% respectively compared to the previous month.

1 min

Central govt releases Rs 1.42 lakh crore to states

In a significant Lat enhancing move aimed the financial capabilities of state governments nationwide, the Union Government has authorized the release of two installments of tax devolution totalling Rs 1.42 lakh crore.

2 mins

PM Modi initiates projects totalling Rs 35,700 crore

Prime Minister Narendra Modi inaugurated and laid the foundation stone for projects totalling Rs 35,700 crore in Jharkhand on Friday, marking a significant boost to the state's infrastructure and industrial development.

1 min

Welspun bags Rs 4,124 crore order in Maharashtra

Welspun Enterprises has announced securing a significant new order valued at approximately Rs 4,124 crore for the establishment of a water treatment plant in Maharashtra.

1 min

DELHI'S PER CAPITA INCOME RISES 22% TO RS 4.61 LAKH IN 2023-24

Delhi's Per Capita Income for 2022-23 sees significant growth, reaching Rs 444,768, staying consistently 2.6 times higher than the national average

1 min

GOOGLE TO PENALIZE 10 INDIAN DEVELOPERS OVER UNPAID SERVICE FEES

Alphabet Inc’s Google has warned it may remove the apps of 10 companies in India, including of Matrimony.com and Info Edge

1 min

Paytm, Paytm payments bank to end Inter-company pacts amid PPBL crisis

A mid-RBI's action on its associate firm, One 97 Communications on Friday said the board has approved the discontinuation of intercompany pacts with Paytm Payments Bank to reduce dependencies.

1 min

Asics Foresees India as fastest-growing market in Southeast Asia

Asics India to become its fastest-growing market in Southeast Asia and its first prominent market outside the US, Europe, Japan, and China, Rajat Khurana, managing director at Asics India and South Asia, told Raghav Aggarwal in an email interview.

2 mins

CG Power JV invests Rs 7600 Cr in Gujarat semiconductor facility

In partnership with Renesas Electronics Corporation and Stars Microelectronics CG Power & Industrial Solutions (CG) and the Murugappa Group; Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions; and Stars Microelectronics (Thailand) Public Co. (Stars Microelectronics), a Thailand-based Outsourced Semiconductor Assembly and Test (OSAT) provider; had recently signed a Joint Venture Agreement (JVA) to establish a Joint Venture (JV) to build and operate an OSAT facility in India.

1 min

China's factory activity slows for 5th mth as weak demand hampers growth

China's factory activity continued its decline China for the fifth consecutive month in February, underscoring persisting challenges posed by weak demand in the economy.

2 mins

CHINA SEEKS FEEDBACK FROM FOREIGN BUSINESSES AMID INVESTMENT DOWNTURN

The roundtable on Wednesday came as U.S.-China exchanges have ticked up and both sides attempt to stabilize the tense relationship between the world’s two largest economic powers

3 mins

WTO postpones closing session of 13th Ministerial Conference

The closing session of the World Trade Organization's (WTO) 13th Ministerial Conference (MC13) has been postponed to 5 p.m. (local time) on Friday, March 1. WTO Spokeswoman Ismaila Dieng said that the ministers continue to hold discussions on a package of agreements for adoption at MC13.

2 mins

HOW INDIA BECOMES NUCLEAR ENERGY RICH STATE...

India’snuclear programaims tocapture the spirit ofthe country'sjourney in nuclear power energy, emphasizing its positive impact on the nation's growth, sustainability, global standing and also protecting its borders.

9 mins

Supreme Court To Hear Shiv Sena UBT Petition Against Maharashtra Speaker's Refusal To Disqualify Shinde Group On March 07, 2024

The Supreme Court in the case Sunil Prabhu v. Eknath Shinde observed wherein the petition was filed by a member of Shiv Sena (Uddhav Balasaheb Thackeray) wherein it challenged the Maharashtra Assembly Speaker's refusal to disqualify the MLAs belonging to Eknath Shinde group.

1 min

HIGH COURT ASKS POLICE TO CLARIFY IF PROBE IS COMPLETE OR MORE CHARGESHEETS WILL BE FILED; DELHI RIOTS LARGER CONSPIRACY CASE

The Delhi High Court in the case Khalid Saifi v. State observed and has asked the Delhi Police to clarify if its investigation in the UAPA case wherein it alleged a larger conspiracy in the 2020 North-East Delhi riots is complete or if any more chargesheets will be filed in the matter.

1 min

GYANVAPI MOSQUE COMMITTEE MOVES SUPREME COURT AGAINST THE DECISION OF HIGH COURT THAT SUITS ARE NOT BARRED BY PLACES OF WORSHIP ACT

The Supreme Court in the case Anjuman Intazamia Masazid Varanasi v. First Additional District Judge Varanasi and Ors observed wherein the mosque committee has moved challenging the order of Allahabad High Court holding that a batch of civil suits by Hindu parties are pending before a Varanasi civil court which are not barred by the Places of Worship Act, 1991.

2 mins

PUNJAB AND HARYANA HIGH COURT DIRECTED SELF STAYED GODMAN RAM RAHIM TO SURRENDER, SAYS STATE WOULD NOT GIVE FURTHER PAROLE SANS HIGH COURT'S PERMISSION

The Punjab and Haryana High Court in the case Shiromani Gurudwara Prabandhak Committee v. State of Haryana and others observed and has directed self-styled Godman Ram Rahim to surrender on March 10, the day on which his present parole is ending and has asked the Haryana Government to not consider his case for grant of further parole without the permission of the High Court.

2 mins

SUPREME COURT ELABORATED LAW ON AGENCY: DISTRIBUTOR NOT AGENT, INDEPENDENT CONTRACTOR

The Supreme Court in the case Bharti Cellular Limited v.Assistant Commissioner of Income Tax and Another observed wherein the court was dealing the question of cellular mobile service providers liability to deduct tax at source under Section 194-H of the Income Tax Act, 1961 The court in the case observed and has summarized aspects that must be kept in mind by Courts while examining whether a principal-agent relationship exists in particular case.

3 mins

'BHARAT- After 1303 Years, RISES THE GOLDEN BIRD' authored by Ajay Mishra launched at Le Meridien

A well-known name in the IT and telecom sectors, Ajay Mishra, has come up with his new book. But this time he has penned down his thoughts about the history of Bharat and the leadership of Modi.

1 min

Mumbai receives unseasonal showers, IMD predicts partly cloudy skies

Mumbai received unseasonal rains at the start of March on the intervening night of Thursday and Friday.

1 min

AIR INDIA EXPANDS CONNECTIVITY, DIRECT FLIGHT SERVICE FROM MADURAI TO MUMBAI

Expanding footprints in the domestic aviation sector, Tamil Nadu-based Madurai Airport recently celebrated a milestone with the inaugural flight route to Mumbai.

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.