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The Business Guardian

India saw 12 high-value + $100 mn deals in April '24

India's deal volumes surged in April 2024, marking the highest monthly activity since May 2022.

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3 mins  |
May 19, 2024
The Business Guardian

INDIA MONITORS DUMPING AMID U.S.-CHINA TARIFF ROW

US trade representative emphasized that these measures are necessary to counter flooding of global markets with low-cost Chinese products.

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5 mins  |
May 19, 2024
The Business Guardian

SUPREME COURT ASKS MEGHALAYA GOVT TO ISSUE CLEAR INSTRUCTION ABOUT BAN ON 'TWO FINGER' TEST IN RAPE CASES

The Supreme Court in the case Sunshine Kharpan vs. The State Of Meghalaya was hearing the criminal appeal arising out of the Meghalaya High Court, expressed its dismay that the ‘two-finger test’ was used in a rape case despite being deprecated by the Supreme Court.

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2 mins  |
May 18, 2024
Dinesh Shahra Foundation encourages excellence in indigenous cow care
The Business Guardian

Dinesh Shahra Foundation encourages excellence in indigenous cow care

Dr Dinesh Shahra, a renowned philanthropist and founder of Dinesh Shahra Foundation (DSF), presented the esteemed Gopal Gaurav Awards, initiated by Shankaracharya Raghweshwara Bharati to five awardees, Subrahmanya Prasad Kasaragod, Smt Nagaratna Hebbar, Dr Jeevankumar Doddaballapur, Baburao Patil Bailahongal, Mahendra Singhi Hubli, recognising their outstanding contributions to the preservation of indigenous cow care practices, further to DSF’s initiative of Gau Shakti.

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1 min  |
May 18, 2024
Arrested accused in Ghatkopar billboard collapse brought to Mumbai
The Business Guardian

Arrested accused in Ghatkopar billboard collapse brought to Mumbai

The owner of Ego Media, the company responsible for installing the massive billboard in Mumbai’s Ghatkopar area which collapsed earlier this week in the face of strong winds and rainfall, leaving 16 dead and 75 injured; was brought to Mumbai in the early hours of Friday for further legal proceedings, police said. Bhavesh Bhide, the owner of the company that put up the giant billboard, was arrested by the Mumbai Police Crime Branch from Udaipur in neighbouring Rajasthan on Thursday.

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1 min  |
May 18, 2024
NIA charges Mumbai man in Pak conspiracy
The Business Guardian

NIA charges Mumbai man in Pak conspiracy

The National Investigation Agency (NIA) has filed charges against Amaan Salim Shaikh, a Mumbai resident, for his involvement in a Pakistani intelligence conspiracy aimed at honey-trapping Indian Navy personnel to obtain classified information on defence establishments, according to an official statement released on Friday.

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1 min  |
May 18, 2024
IN MUMBAI NORTH, PIYUSH GOYAL REFUTES 'OUTSIDER' LABEL
The Business Guardian

IN MUMBAI NORTH, PIYUSH GOYAL REFUTES 'OUTSIDER' LABEL

BJP leader Piyush Goyal is countering claims of being an “outsider” as he faces Congress’s Bhushan Patil, who embraces his “bhoomi putra” (son of the soil) status, in the contest for the Mumbai North seat on May 20.

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1 min  |
May 18, 2024
The Business Guardian

RELYING ON SUPREME COURT'S KEJRIWAL ORDER, HIGH COURT GRANTS INTERIM BAIL TO FORMER PUNJAB MINISTER BOOKED UNDER PMLA TO CAMPAIGN FOR LOK SABHA POLLS

The Punjab and Haryana High Court in the case Sandhu Singh Dharamsot v. Directorate Of Enforcement observed and has also relied on the Supreme Court's order granting interim bail to Delhi Chief Minister Arvind Kejriwal to campaign for the upcoming Lok Sabha Elections relied on, the Punjab and Haryana High Court has granted interim bail to Punjab's former Forest Minister Sadhu Singh Dharamsot, arrested by the Enforcement Directorate in connection with a money laundering case.

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3 mins  |
May 18, 2024
12th India-Mongolia joint working Group strengthens defence cooperation
The Business Guardian

12th India-Mongolia joint working Group strengthens defence cooperation

The India and Mongolia Defence Ministries organised the 12th Joint Working Group (JWG) meeting on May 16-17 in Ulaanbaatar, Mongolia and reviewed the progress on various bilateral defence cooperation initiatives and identified means to further enhance cooperation between the two countries.

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1 min  |
May 18, 2024
China plans floating nuclear reactors in South China sea
The Business Guardian

China plans floating nuclear reactors in South China sea

The US military has cautioned that China is progressing with the development of floating nuclear reactors in the South China Sea to bolster its territorial claims, as reported by Voice of America (VOA). Analysts have expressed concerns over the environmental risks associated with this initiative.

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3 mins  |
May 18, 2024
ISRAEL PROMOTES RENEWABLE ENERGY USE IN PRIVATE HOMES
The Business Guardian

ISRAEL PROMOTES RENEWABLE ENERGY USE IN PRIVATE HOMES

Israel’s Ministry of Energy and Infrastructure launched a first-of-itskind guide to aid local authorities in encouraging their residents to adopt renewable energies in their homes

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1 min  |
May 18, 2024
Techno India partners with Google Cloud to advance Digital Education
The Business Guardian

Techno India partners with Google Cloud to advance Digital Education

Techno India Group’s partnership with Google Cloud represents a major advancement in educational technology in India. Led by Meghdut Roychowdhury, Chief Innovation Officer and Executive Director, this collaboration seeks to transform the educational sector, bringing it in line with international standards and the needs of today’s digital economy.

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1 min  |
May 18, 2024
AHMEDABAD AIRPORT ENHANCES CAPACITY WITH NEW STANDS AND UPGRADES
The Business Guardian

AHMEDABAD AIRPORT ENHANCES CAPACITY WITH NEW STANDS AND UPGRADES

Thenewstands provide opportunities for airlines toadd more connections to Ahmedabad

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1 min  |
May 18, 2024
Made in India, army cuts ammo imports
The Business Guardian

Made in India, army cuts ammo imports

The Make in India policy has played a pivotal role in promoting indigenisation in the defence sector, particularly in ammunition production, leading to a significant reduction in the Indian Army’s reliance on imports to fulfil its requirements.

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1 min  |
May 18, 2024
KEJRIWAL RESPONDS TO PM MODI'S CRITIQUE: 'WHY CAN'T WOMEN GET FREE BUS RIDES?"
The Business Guardian

KEJRIWAL RESPONDS TO PM MODI'S CRITIQUE: 'WHY CAN'T WOMEN GET FREE BUS RIDES?"

Kejriwal shared a video where PM Modi argues that free bus rides reduce Metro ridership by 50%, making it economically impractical.

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2 mins  |
May 18, 2024
The Business Guardian

Jaishankar seeks 'more than business -as-usual' to tackle global challenges

Minister of External Affairs, S Jaishankar, on Friday set out India’s strategy to mitigate the impact of some of the geopolitical realities that the word is faced with today – including the Russia-Ukraine conflict, an escalation of the Iran-Israel conflict that can potentially spread to the Middle East, the three crises of fuel, food and fertilizer -- while continuing to stabilise the world.

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1 min  |
May 18, 2024
UN raises India's 2024 growth forecast to nearly 7%
The Business Guardian

UN raises India's 2024 growth forecast to nearly 7%

The United Nations has revised its growth projections for India’s economy in 2024, now forecasting an expansion of close to seven percent. This upward revision, detailed in the World Economic Situation and Prospects (WESP) mid-2024 report released on Thursday, attributes the robust growth to strong public investment and resilient private consumption.

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2 mins  |
May 18, 2024
Grow your money safely, the beginner's guide to fixed deposits
The Business Guardian

Grow your money safely, the beginner's guide to fixed deposits

Venturing into the world of investments can be intimidating, especially for beginners faced with the complexities of financial instruments and market volatility. However, there is a reliable and secure option available: Fixed Deposits (FDs).

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2 mins  |
May 18, 2024
India needs its own global giants like JP Morgan and Citibank, says Niti Aayog CEO
The Business Guardian

India needs its own global giants like JP Morgan and Citibank, says Niti Aayog CEO

India requires its own global financial giants akin to JP Morgan and Citibank, according to B V R Subrahmanyam, CEO of Niti Aayog. Speaking at the CII Annual Business Summit 2024 in New Delhi, Subrahmanyam emphasized the necessity of financial services reforms to achieve this vision.

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2 mins  |
May 18, 2024
SITHARAMAN CALLS FOR PROACTIVE GOVTINDUSTRY ALLIANCES TOWARDS DEVELOPED INDIA
The Business Guardian

SITHARAMAN CALLS FOR PROACTIVE GOVTINDUSTRY ALLIANCES TOWARDS DEVELOPED INDIA

Finance Minister highlights policy stability, facilitative policies as key attractions for investors looking to India

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3 mins  |
May 18, 2024
Elon Musk To Launch Starlink In Indonesia
The Business Guardian

Elon Musk To Launch Starlink In Indonesia

According to state meAdia, SpaceX founder Elon Musk will visit Indonesia to oversee the launch of the company's Starlink internet satellite service in the country on May 19.

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1 min  |
May 17, 2024
Blinken Announces 2 Bn Military Aid For Kyiv, Limits Use To Ukraine
The Business Guardian

Blinken Announces 2 Bn Military Aid For Kyiv, Limits Use To Ukraine

The Biden administration, during US Secretary of State Antony Blinken's recent visit to Kyiv, announced plans to provide additional military aid worth USD 2 billion to Ukraine amidst its ongoing conflict with Russia, as reported by the Washington Post.

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2 mins  |
May 17, 2024
BMW Launches X3 X Drive20d M Sport Shadow Edition In India
The Business Guardian

BMW Launches X3 X Drive20d M Sport Shadow Edition In India

The BMW X3 xDrive20d TM Sport Shadow Edition has been launched in India today. This special edition of the successful SAV, BMW X3, is available in the diesel variant at all BMW India dealerships and BMW Online shop from today onwards.

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1 min  |
May 17, 2024
China Vows Firm Response To US Tariff Hike
The Business Guardian

China Vows Firm Response To US Tariff Hike

Voice Voice of America (VOA) reported that in response to the US's decision to raise tariffs on imports from China, Chinese officials have strongly vowed to retaliate, emphasizing that this action will significantly impact bilateral cooperation with the US.

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2 mins  |
May 17, 2024
Bombay High court rules against slander campaign on Malabar Group
The Business Guardian

Bombay High court rules against slander campaign on Malabar Group

The Bombay High Court has, on Thursday, May 9th, issued a strong verdict against those defaming and disseminating misinformation across social media platforms against Malabar Group's scholarship programme that provided education scholarships to 77,000 underprivileged girl students across the country.

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2 mins  |
May 17, 2024
Reliance Retail Teams Up with UK’s ASOS for Indian Market
The Business Guardian

Reliance Retail Teams Up with UK’s ASOS for Indian Market

Real etail, India's foremost retailer, and ASOS, the UK's premier online fashion destination for individuals in their twenties, announced a long-term collaboration aimed at revolutionizing India's fashion scene.

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1 min  |
May 17, 2024
INDIA EMERGES AS A GLOBAL MANUFACTURING HUB," SAYS ASHWINI VAISHNAW
The Business Guardian

INDIA EMERGES AS A GLOBAL MANUFACTURING HUB," SAYS ASHWINI VAISHNAW

India is becoming the manufacturing hub of the world says Union Minister Ashwini Vaishnaw while speaking at the event Viksit Bharat

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2 mins  |
May 17, 2024
The Business Guardian

SUPREME COURT REJECTS PLEA T0 ABORT 30-WEEK PREGNANCY: WHAT ABOUT RIGHT OF CHILD IN WOMB?

The Supreme Court in the case H versus Union of India And Anr observed and has dismissed the petition filed by women wherein seeking termination of her pregnancy which crossed 30 weeks of gestational age.

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1 min  |
May 17, 2024
The Business Guardian

Delhi High Court: Public Policy While Considering Enforcement Of Foreign Awards Has To Be Constructed Narrowly, In Consonance With International Notions [Arbitration Act]

The Delhi High Court in the case Mercator Ltd. Vs Dredging Corporation Of India Ltd And Connected Matters observed and has held that the public policy argument while considering enforcement of foreign awards has to be construed narrowly and in consonance with international notions of public policy.

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3 mins  |
May 17, 2024
SENIOR ADVOCATE KAPIL SIBAL ELECTED AS PRESIDENT OF SUPREME COURT BAR ASSOCIATION
The Business Guardian

SENIOR ADVOCATE KAPIL SIBAL ELECTED AS PRESIDENT OF SUPREME COURT BAR ASSOCIATION

Senior Advocate Kapil Sibal has won the election to the post of the President of the Supreme Court Bar Association.

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1 min  |
May 17, 2024