In this issue

June 12, 2024

BRICS URGES INCREASED USE OF LOCAL CURRENCIES IN TRADE

Ministers reiterated COP27 demands for international financial institution reforms, anticipating success in the 2025 IBRD shareholder review, and emphasized multilateral development bank reforms aligned with COP27's Sharm El-Sheikh Action Plan.

2 mins

Southeast Asia tops the list of destinations for Indian short vacations

Southeast Asian countries have emerged as the preferred destinations for Indian travellers planning vacations lasting 5-7 days, according to a recent survey conducted by OYO Global Summer Vacations Travelopedia 2024.

1 min

Apple Vision Pro expands to nine countries, excluding India

Apple is expanding the availability of its latest innovation, Apple Vision Pro, to nine new countries, but notably, India is not among them.

2 mins

New EU-like antitrust law in India, fresh challenges for tech companies

India's proposed antitrust law, akin to the EU's regulations, is poised to present a fresh regulatory hurdle for tech giants such as Apple, Google, Meta, and Amazon.

2 mins

Tripura announces subsidized paddy purchase for farmers starting June 15

Minister for Food, Civil Supplies, and Consumer Affairs of Tripura, Sushanta Chowdhury, announced that the state government is set to launch its annual subsidized paddy procurement program starting from June 15th.

1 min

CENTRAL GOVERNMENT DISBURSES RS 139.75 CRORE TO STATES IN JUNE TAX DEVOLUTION

The allocation of funds among states reflects the government's commitment to addressing their specific financial needs, with Uttar Pradesh receiving the largest share at Rs 25,069.88 crore.

2 mins

Adani Defence, EDGE group partner for joint R&D in defence, aerospace

Adani Defence and Aerospace has signed a cooperation agreement with the UAE-based EDGE Group, a prominent player in the advanced technology and defence sectors.

1 min

Uttar Pradesh eyes one trilliondollar economy, needs faster growth, CM Yogi Adityanath

At a high-level meeting on Monday, Uttar Pradesh Chief Minister Yogi Adityanath discussed ongoing efforts, current achievements, and future strategies aimed at transforming Uttar Pradesh into a one trillion-dollar economy.

1 min

Battery swapping startup battery smart secures $65 million in funding

Battery Smart, a leading battery swapping network, announced on Tuesday that it has successfully raised $65 million in a Series-B funding round.

1 min

BPCL TO INVEST RS 50,000 CRORE IN NEW REFINERY PROJECT

BPCL's plan to expand its refining capacity aligns with India's growing fuel demand, with talks for a new refinery in Uttar Pradesh at preliminary stages

1 min

IndiGo stock drops 4% after large block sale of 11 million shares

InterGlobe Aviation, the largest low-cost carrier, IndiGo Airlines, witnessed a significant drop in its share price on Tuesday.

2 mins

Singapore airlines compensates passengers injured in rough flight

Singapore Airlines (SIA) has extended monetary compensation and support to passengers affected by a turbulent flight from London to Singapore last month.

2 mins

Convenience vs. local stores, rise of 10-minute grocery apps challenges retailers

In the bustling suburbs of Mumbai, a quiet revolution is underway in the retail sector, spearheaded by SoftBank-backed Swiggy's grocery division.

3 mins

Concerns rise over China coast guard's enforcement practices

The China Coast Guard (CCG) is far more than a maritime law enforcement agency.

4 mins

BRICS ministers, G20 remains top stage for global economic cooperation

The Foreign Ministers of the BRICS nations have reiterated the pivotal role of the G20 as the foremost platform for international economic cooperation, emphasizing that it should continue to operate effectively.

2 mins

INDIA-SOUTH AFRICA MSME RELATIONS ON AGENDA: CHAIRMAN MEETS WITH NAMIBIA, LESOTHO IN

Mr. Thakur's appointment as Honorary Chairman to promote South African countries underscores the pivotal role of SMEs and Southern India's pharma and health sectors, with

2 mins

SC Collegium Recommends Appointment Of 2 Additional Judges Of The Gauhati High Court As The Permanent Judges

The Supreme Court Collegium has recommended appointment of two Additional Judges of the Gauhati High Court as the Permanent Judges.

1 min

DELHI HIGH COURT ORDERS MEDICAL EVALUATION OF LALU YADAV'S AIDE AMIT KATYAL HAULED UP IN PMLA CASE

The Delhi High Court in the case observed and has constituted a medical board of AIIMS to evaluate the condition of RJD chief Lalu Prasad Yadav's close aide Amit Katyal, who is in custody in a money laundering case which relates to the alleged land-for jobs scam case.

2 mins

Sri Satya Sai multi-religious mass marriage ceremony in held in Yavatmal

In an extraordinary celebration of unity and communal harmony, the Satchikitsa Prasarak Mandal Yavatmal, in collaboration with the Hrudaya Spandana Sri Sai Meru Mathi Trust, Bangalore, successfully hosted a multi-religious mass marriage ceremony on the afternoon of 9th June.

1 min

SHIV SENA HOLDS MEETING OF MLAS TO STRATEGISE ON UPCOMING ASSEMBLY POLLS

Shiv Sena held a meeting of all its MLAs at Maharashtra Chief Minister Eknath Shinde's residence on Monday.

1 min

'He has no involvement': Aaditya Thackeray attacks Shinde over Coastal Road project

Shiv Sena (UBT) leader Aaditya Thackeray on Monday took a jibe at Maharashtra Chief Minister.

1 min

Congress delegation meets state governor

A delegation of the Congress party led by the party's state president, Nana Patole, met Governor Ramesh Bais on Tuesday evening.

1 min

Meet Maulik Patel, cancer survivor who scored 715/720 in NEET UG 2024 on first attempt

Despite battling advanced cancer, Maulik Patel from Mumbai's Ghatkopar achieved an impressive score of 715 out of 720 in his first attempt at NEET UG 2024.

1 min

Mumbai police issues statement on incident involving Raveena Tandon

The Mumbai Police issued a statement on Sunday regarding an altercation outside actor Raveena Tandon's residence on Saturday night, sparked by a minor parking issue.

1 min

Read all stories from The Business Guardian

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:

* 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.