The Business Guardian - February 07, 2025

In this issue

February 07, 2025

Owaisi: 6.75 Lakh Undocumented Indians in the US

Amid an uproar over the deportation of Indian nationals who were allegedly illegally living in the US, AIMIM MP Asaduddin Owaisi said according to a report there are still 6,75,000 Indian immigrants in the United States and 18,000 people are on the final list.

1 min

UAE Launches 'Green IP' Roadmap To Drive Innovation

The UAE's Ministry of Economy has launched a three-month roadmap for \"Green Intellectual Property (IP)\" to boost innovation, sustainability, and the circular economy.

2 mins

Govt raises solar budget by 60%: Jefferies

The government continues the push for the solar sector in the FY26 Budget, with a year-on-year (YoY) rise of over 60 per cent to Rs 242 billion (24,200 cr), according to a report by Jefferies.

1 min

Defence Ministry to Sign Rs 10,200 Cr Pinaka rocket deal with solar

The Defence Ministry is set to sign a significant contract worth 10,200 crore for ammunition for the Pinaka multi-barrel rocket launcher system on Thursday.

2 mins

Dubai to Host the World's Largest Global Summit on Justice, Love & Peace

Dubai is set to host the world's largest summit focused on Justice, Love, and Peace, welcoming over 2,800 peacekeepers from across the globe.

1 min

Delhi Court summons ED director over document delay

Delhi's Patiala House Court has recently issued summons to Enforcement Directorate (ED) Director to appear before over the delay in supplying the legible copies of documents to accused person.

2 mins

Delhi Court Summons ED Director Over Document Delay

This matter is at the stage of scrutiny of documents. The court noted that the Special Public Prosecutor (SPP) Simon Benjamin for ED failed to appear in the court; he is not even present on VC.

2 mins

AAP's Saurabh Bharadwaj Rejects Exit Polls, Predicts Kejriwal CM

AAP leader Saurabh Bharadwaj said on Thursday that the exit polls have an age of just one day; then the real results will be announced, and Arvind Kejriwal will be the Chief Minister of the AAP-led government.

1 min

UAE Joins 12th UN-GGIM Plenary in Saudi Arabia

The meeting also marked the 10th anniversary of the establishment of the Arab Committee of UN Experts on Geospatial Information Management. It was attended by a number of officials, experts, and specialists from member Arab states, as well as representatives from the Secretariat of the UN-GGIM, along with prominent international experts and relevant international organizations.

1 min

Delhi HC Grants Bail to Rape Accused Businessman

The Delhi High Court recently granted regular bail to a digital marketing businessman accused of raping his partner on the pretext of marriage whom he met in a theatre acting class in April 2022.

2 mins

BAPS Hindu Mandir Abu Dhabi Welcomes More Than 10,000 Visitors to Celebrate its First 'Patotsav'

The BAPS Hindu Mandir Abu Dhabi marked its first Patotsav, the anniversary of its inauguration, with a series of grand celebrations, prayers, and cultural performances.

1 min

HSBC Urges RBI for More Accommodative Policy

Upcoming monetary policy announcement by the Reserve Bank of India (RBI) is expected to provide clarity on crucial aspects that will shape the financial services sector, according to a report by HSBC.

1 min

CLE Targets $47B by 2030, Focus on Footwear & Exports

The Council for Leather Exports (CLE) has set a target of USD 47 billion by 2030, out of which USD 13.7 bn is for the export sector, according to Rajendra Kumar Jalan, Chairman, Council for Leather Exports.

2 mins

SSBs Warn of Crypto Threats, Call for Urgent Regulation

Virtual Digital Assets (VDAs) have transformed global finance with their decentralization, programmability, and seamless transactions.

1 min

MODNER roadshow seeks investment for northeast development

The Ministry of Development of North Eastern Region (MDONER) hosted the North East Trade and Investment Roadshow in Chennai.

1 min

Bajaj Finserv Multi Cap NFO: Contrarian Equity Strategy

The world of equity investing is full of opportunities and risks.

1 min

Kathakar International Storytellers Festival bids adieu to Delhiites.

After Delhi, the event will be held in Shimla to create the magic of stories, songs and music!

1 min

Amadeus and Traveloka Expand Travel Technology Partnership

Amadeus, the leading global travel technology company, has strengthened its partnership with Traveloka, Southeast Asia's top travel platform.

2 mins

Union Budget is non-inflationary, says Finance Secretary Tuhin Pandey

Finance Secretary Tuhin Kanta Pandey has emphasized the government's commitment to maintaining fiscal discipline while fostering economic growth, stating that the Union Budget 2024-25 is \"absolutely non-inflationary\".

1 min

EPFO Achieves Milestone of Settling Over 5 Crore Claims in FY 2024-25: Mansukh Mandaviya

Union Labour and Employment Minister Dr Mansukh Mandaviya has said that Employees' Provident Fund Organisation (EPFO) has achieved a historic milestone by crossing the 5 crore claims settlement mark for the first time in its history in a fiscal year.

1 min

Zomato to be renamed 'Eternal'; platform unveils new logo

Zomato Ltd on Thursday announced that its board has approved the change of name of the company to Eternal Ltd., marking a significant transformation in its corporate identity.

1 min

India's debt to decline to 50-51%: SBI Funds

The report also projects that the government's debt will decline to 50-51 percent by March 2031 if India continues to grow and maintains a nominal growth rate of 10.5 percent until FY31.

2 mins

Trump's Deportation Policy: Vicissitudes for India

Trump's deportation policy has the potential to reshape both illegal migration trends and perceptions of the American Dream in India, leading to both challenges and opportunities for the country's diaspora.

4 mins

Supreme Court Allows Karnataka High Court To Proceed With Direct Recruitment Of 158 Civil Judges Ignoring State Govt's Circular

The submissions of High Courts of Bihar, Karnataka, Rajasthan, Maharashtra, U.P and Delhi will be heard on the next date. Accordingly, the court listed the matter for further consideration on April 01, 2025.

2 mins

Supreme Court Disposed Of 2014 PIL: Most States Have Amended Rules To Include Mother's Name In Child's Documents

The bench in its order stated that the petitioner has since passed away and majority of the states or Union Territories have undertaken policy measures to ensure that a mother's name is inserted in all official or public records of her child.

1 min

Supreme Court Summons MP Law Secretary: 'We Admire Courage Of Madhya Pradesh State In Filing Petitions With 300/400 Days 'Delay'

The bench commented with a tone of sarcasm that, 'This court admire the courage with which the State of Madhya Pradesh has been filing Special Leave Petitions in this Court over a period of time with delay of 300/400 days.'

2 mins

Delhi High Court Seeks Clarification From Supreme Court: Can Special NIA Court Designated As MP/MLA Court Hear Cases Against Other Accused?

Clarify that the High Court may authorize the trial of MPs or MLAs (which includes Ex-MPs or MLAs) who are facing trial of the scheduled offences as prescribed in the Special Acts like NIA Act by the Special Court designated/constituted under Section 11 of the NIA Act instead of by the Special Courts created for the trial of MPs/MLAs and thereby enabling the High Court to issue necessary notification or office order in this regard.

2 mins

Scuffle Breaks Out Between AAP-BJP Workers

A scuffle broke out between BJP and AAP workers in the Sangam Vihar area on polling day in Delhi where both parties claimed that some of their workers were injured during the incident.

1 min

BJP Offered Rs 15 Crores to AAP Candidates, Alleges Sanjay Singh

The MP mentioned that the party has advised its candidates to record such calls and use spy cameras to document any face-to-face meetings if the offers are made.

1 min

BJP Leaders Express Confidence as Exit Polls Predict Party's Victory

With a majority of exit polls showing the Bharatiya Janata Party (BJP) emerging victorious in the Delhi assembly elections, the party's Delhi unit president Virendra Sachdeva said on Wednesday, \"AAPda ja rahi hai,\" and that the BJP will form the government in the national capital.

2 mins

Delhi Exit Polls Underestimated AAP

After most of the exit polls predicted the BJP comeback in the national capital after 27 years, Congress candidate Sandeep Dikshit said on Thursday that the predictions did not portray a correct picture of the Delhi Assembly Elections result as they have underestimated the Aam Aadmi Party.

1 min

No re-poll in any seat required: CEO

The Chief Electoral Officer of Delhi, R Alice Vaz said on Thursday that the scrutiny of election documents, including Form 17C, presiding officers' diaries and other documents have been completed by all Returning officers of all 70 Delhi Assembly constituencies.

1 min

Ooms India and CSIR-CRRI Unveil REJUBIT: A Revolutionary Rejuvenating Agent for Sustainable Roads

In a landmark initiative for sustainable road infrastructure, Ooms India, in collaboration with CSIR-Central Road Research Institute (CRRI), launched REJUBIT, an advanced rejuvenating agent designed to revolutionize pavement recycling.

1 min

BharatRizin unveils the "Official Bhojpuri Dabanggs Jersey" to commence the Celebrity Cricket League (CCL), 2025 from February 8th, 2025

Having carved a distinct niche for itself in the world of Sportainment, BharatRizin is all set to kick-start the Celebrity Cricket League 2025 (CCL) with a bang!

1 min

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