The Business Guardian - January 11, 2025

In this issue

January 11, 2025

Indian real estate sees record foreign investment of USD 11.4 bn in 2024

Total equity investment in Indian real estate recorded an all-time high of USD 11.4 bn in 2024, up 54 per cent (YoY) according to a report 'Market Monitor Q4 2024 - Investments' by real estate consultancy firm CBRE.

2 mins

Shimla launches road safety awareness campaign with a bike rally

The Deputy Commissioner of Shimla district administration, Anupam Kashyap and Superintendent of Police Sanjeev Kumar Gandhi jointly flagged off a bike rally on Friday, emphasising road safety and awareness.

1 min

Punjab govt rejects Centre's agricultural marketing policy draft

The Punjab government has rejected the central government's Agriculture Mandi Policy blueprint, citing concerns over its provisions that undermine the state's agricultural system, including issues related to private mandis, minimum support price (MSP), and commission agent rights, a statement said.

1 min

Jaishankar Highlights Women-Led Development in Foreign Policy at Pravasi Bharatiya Divas

External Affairs Minister S Jaishankar emphasised India's commitment to women-led development, integrating it into the country's foreign policy.

2 mins

PM Modi Emphasizes His Vision of Maximum Governance, Minimum Government

PM Modi highlights reduced compliances, tech advancements, and India's global credibility in a podcast with Nikhil Kamath.

2 mins

Taiwan to receive new US missile defense systems by year-end

Taiwan's Ministry of National Defence (MND) has announced that out of the three new weapons procurement contracts signed with the US in 2024, one of them will be delivered by the end of 2025, Taipei Times reported.

1 min

Telangana CM Reddy Inaugurated the CII National Council Meeting in Hyderabad

Telangana CM A Revanth Reddy outlined ambitious plans for sustainable growth and development at the CII National Council meeting in Hyderabad

2 mins

ICC chief Jay Shah to be felicitated at BCCI's Special General Meeting

The Board of Control for Cricket in India (BCCI) is set to honor International Cricket Council (ICC) Chairman Jay Shah at its Special General Meeting (SGM) scheduled for January 12, according to board sources.

2 mins

President Murmu in Odisha for Pravasi Bharatiya Samman

President Droupadi Murmu on Friday arrived at Janta Maidan to attend the valedictory session and the Pravasi Bharatiya Samman Award ceremony in Bhubaneswar, Odisha.

2 mins

Inflation to be key concern in FY26 due to rising raw material costs: Report

The report added that the Reserve Bank of India (RBI) is likely to allow for this depreciation, although intervention through forex reserves and policy adjustments could be used to prevent an excessive fall.

2 mins

RINL Metals Aims to Expand into SAARC Countries

RINL Metals, established in 2012, is a renowned name in the steel industry.

1 min

SCIT Students Lead the GreenPrint Revolution for a Greener Today

The Institutional Social Responsibility (ISR) Committee of SCIT (Symbiosis Centre for Information Technology) not only believes in \"Be the change you wish to see,\" but has made this a way of life.

2 mins

Startup Funding in India Rises to USD 115 Bn From USD 8 Bn Since 2016: DPIIT

Among them are Startup India Seed Fund Scheme, Fund of Funds for Startups, Credit Guarantee Scheme for Startups, Income Tax Exemption for 3 years, faster Exit for Startups, Support for Intellectual Property Protection, among others. Startups incorporated on or after April 1, 2016 can apply for income tax exemption.

1 min

WEF: AI and digital twins can address challenges like growth and sustainability

About sixty per cent of global manufacturers will use generative AI as a tool to help people gain expertise faster by 2027, according to the annual meeting of the World Economic Forum (WEF).

1 min

Indian Real Estate Hits Record Foreign Investment of USD 11.4 Bn in 2024

Total equity investment in Indian real estate recorded an all-time high of USD 11.4 bn in 2024, up 54 per cent (YoY) according to a report \"Market Monitor Q4 2024 - Investments\" by real estate consultancy firm CBRE.

1 min

Inflation Will Be Major Concern in FY26: Report

Inflation remains the major risk going forward for the financial year 2026 due to the higher cost of raw materials, a DAM Capital report added.

1 min

SEBI Explores Use of AI for Faster Processing of IPOS

SEBI chairperson emphasized the importance of a Rs 250 systematic investment plan (SIP) for Mutual Funds.

2 mins

Industrial Production Records Multi-Month High of 5.2% in Nov

The Index of Industrial Production (IIP) growth rate for the month of November 2024 is 5.2 per cent (a multi-month high), which was 3.5 per cent the month prior, quick estimates released by the Ministry of Statistics and Programme Implementation showed Friday.

1 min

Startups in every district by 2025: DPIIT

The Department for Promotion of Industry and Internal Trade (DPIIT) has announced its ambitious vision to establish startups in every district of the country by the end of 2025.

2 mins

Centre Release 1.73 Lakh Cr to States Towards Tax Devolution

The Union Government has released tax devolution of Rs 1,73,030 crore to State Governments today, as against the devolution of Rs 89,086 crore in December 2024.

1 min

SpiceJet to Unground 10 Aircraft by Mid-April 2025

SpiceJet will unground 10 aircraft by mid-April 2025, in a move aimed at strengthening its network and operational capabilities.

1 min

Stock Indices Slump With IT Sector Being Only Outlier

Indian stock indices settled in the red for the third straight day on Friday, the last session of the current week, due to looming uncertainties around President Donald Trump-elect's likely actions post his inauguration.

1 min

Household debt rises 158% after COVID-19: Report

The Q2FY25 GDP came at 5.4 per cent against RBI's expectations of 6.5 per cent is also because of this.

2 mins

MAHA KUMBH: TECH WILL ADDRESS CHALLENGES OF SCALE, SAFETY AND SUSTAINABILITY

Global warming is a concern for many environmentalists due to pollution. To reduce the carbon emissions and pollution, E-rickshaws and Green Vehicles have been arranged, Sustainable transport options are encouraged by the UP state government. To ensure a healthy environment and to monitor the pollution levels UP state government is using the Air Quality Sensors.

3 mins

75 Years of Constitution: Reflections on Legal Education, Democratic Values

Global warming is a concern for many environmentalists due to pollution. To reduce the carbon emissions and pollution, E-rickshaws and Green Vehicles have been arranged. Sustainable transport options are encouraged by the UP state government. To ensure a healthy environment and to monitor the pollution levels UP state government is using the Air Quality Sensors.

4 mins

FROM GRAINS TO GROWTH: PROCESSED FOOD BOOM

India's processed food market set to reach $535 billion by 2025, fuelled by rising demand and government initiatives.

4 mins

Krishna Janmabhoomi-Shahi Idgah Dispute: Supreme Court Expresses Reluctance to Interfere With Consolidation of Suits

The Supreme Court in the case Committee of Management Trust Shahi Masjid Idgah v. Bhagwan Shrikrishna Virajman & Ors. observed and has expressed reluctance to interfere with the order of Allahabad High Court to consolidate all suits relating to the Krishna Janmabhoomi-Shahi Eidgah dispute.

3 mins

Supreme Court dismisses two PILs challenging deferment of women's reservation in Lok Sabha and state assemblies

The bench in the case observed and has dismissed the writ petition as infructuous as the counsel, Advocate Varun Thakur appearing for the petitioner stated that he had challenged the Bill, which has now become legislation. Earlier, the court in the Public Interest Litigation, PIL expressed reservations about directing the Union Government to immediately implement before the 2024 general elections, the 2023 Act.

1 min

Delhi High Court seeks Patanjali's response on Dabur's fresh injunction plea over 'disparaging' Chyavanprash ads

However, while denying the submissions made by Senior Advocate Sandeep Sethi, Mehta stated that all the ingredients which are used in Patanjali's product are as per prescribed formula and fit for human consumption.

2 mins

Aggrieved with the same, the respondent approached the Gujarat High Court, which allowed their appeal. Against the decision of High Court, the appellants filed the present appeal before the Supreme Court.

The Supreme Court in the case Daliben Valjibhai Versus Prajapati Kodarbhai Kachrabhai observed and has reiterated that the period of limitation in such cases begins from the date when knowledge of fraud (underlying the challenged sale deed) is acquired, and not the date of registration.

3 mins

BJP to project Ramesh Bidhuri as CM candidate

Bidhuri, infamous for his derogatory remarks in Parliament, has even abused his own party members and physically assaulted Poorvanchali leaders.

2 mins

Kejriwal Promises Funds for RWAs to Hire Guards

AAP supremo Arvind Kejriwal on Friday announced that RWAs will be provided funds to hire private guards to ensure security in the neighbourhoods, if his party returns to power in Delhi.

1 min

BJP Poorvanchal Morcha protests at ex-CM residence over 'fake voters' remark

The Delhi BJP on Friday held a protest against the AAP for allegedly making \"fake\" claims about registration of voters from Uttar Pradesh and Bihar in the electoral rolls ahead of assembly polls.

1 min

PM Modi Chairs BJP's Poll Body Meets to Finalise Candidates

Nadda reviewed BJP's election preparations with key leaders and committees.

1 min

AAP Accuses BJP of Vote Buying, Fund Embezzlement

AAP on Friday alleged that the BJP is buying votes ahead of the Delhi assembly elections, claiming that the saffron party's Delhi leaders have embezzled funds meant for \"buying votes with money\".

1 min

No INDIA bloc party officially backs AAP', says Congress

Delhi Congress President Devender Yadav on Friday, brushed off the perception of the Aam Aadmi Party receiving the support of the INDIA bloc for the upcoming Delhi Assembly Elections and said no party from the alliance has officially extended support to AAP.

1 min

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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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