The Business Guardian - November 11, 2024

In this issue

November 11, 2024

PM Modi at bokaro: pledges to jail Mafias, End 'Kharchi-Parchi' culture

Prime Minister Narendra Modi on Sunday said that if the BJP comes to power in Jharkhand, all the 'paper-leak mafias' and 'recruitment mafias' that were created by JMM-Congress, will be targeted and sent to jail.

3 mins

UBI report forecasts CPI inflation to exceed 6% in October

The continued spurt in food prices and fading of the high base effect likely led to a spike in October retail inflation figures.

1 min

GOVT GENERATES RS 2,364 CR FROM SELLING OFFICE SCRAPS IN 3 YEARS

PM Modi Praises DPIIT for Earning Rs 2,364 Crore from Scrap Disposal

2 mins

Zayed National Museum: A landmark celebrating UAE's heritage

The Zayed National Museum stands as a beacon of UAE's cultural heritage, presenting a comprehensive narrative of the country's evolution from prehistoric times to the modern era.

2 mins

Hindu Sikh forum protests at Canadian high commission against Temple attacks

Members of the Hindu Sikh Global Forum took to the streets outside the Canadian High Commission in India in Chanakyapuri in the national capital, on Sunday, protesting against the attacks on Hindu temples in Canada.

1 min

Punjab, Haryana, UP, Delhi, Assam & Manipur shine on day 6 of senior men's Nationals

Day 6 of the 14th Hockey India Senior Men National Championship at the Mayor Radhakrishnan Hockey Stadium saw Hockey Punjab, Hockey Haryana, Uttar Pradesh Hockey, Delhi Hockey, Assam Hockey and Manipur Hockey secure victories in their respective fixtures.

1 min

Opponents of Jharkhand's creation can't develop It": PM Modi

Prime Minister Narendra Modi on Sunday kickstarted his campaign in Jharkhand with a rally in Bokaro where he attacked the INDIA alliance stating that people who were opposed to the creation of Jharkhand, will never work to develop the State.

1 min

Gehlot slams 'Batenge Toh Katenge' remarks as misfortunate

On Sunday, Congress leader Ashok Gehlot voiced strong disapproval over a remark made by Uttar Pradesh Chief Minister Yogi Adityanath, where Adityanath reportedly used the phrase \"batenge toh katenge.\"

1 min

PM GIFTED 'LAAL KITAB' TO PRESIDENT KOVIND IN 2017," SAYS CONGRESS CHIEF KHARGE

At a recent event marking the launch of the joint manifesto for the Maharashtra Assembly elections by the Maha Vikas Aghadi (MVA) coalition, Congress President Mallikarjun Kharge criticized Prime Minister Narendra Modi for his remarks on the \"Laal Kitab,\" or \"Red Book,\" referencing the Constitution of India.

2 mins

HarperCollins India Launches Thirteen Months in the Himalayas by Om Swami

HarperCollins is delighted to announce the upcoming publication of Thirteen Months in the Himalayas by Om Swami.

2 mins

FM: MSMEs to get collateral-free loans up to Rs 100 cr through new PSU Bank model

Union Finance and Corporate Minister, Nirmala Sitharaman on Saturday said that the Ministry of Micro, Small and Medium Enterprises (MSMEs) will get collateral-free loans of upto Rs 100 crore through a new credit assessment model by PSU banks.

1 min

Maharashtra polls: Kharge promises Rs 3000 monthly for Women in MVA manifesto

Congress President Mallikarjun Kharge on Sunday launched the joint manifesto for the Maha Vikas Aghadi (MVA) alliance for the upcoming Assembly polls in Maharashtra and highlighted the five core areas the grouping will work towards for the State.

1 min

Northeast's Gas potential could save Rs 14,000 cr in import costs: Rajesh K Mediratta

The Northeast region has tremendous potential in the production of Natural Gas which can save approximately Rs 14,000 crore apart from allowing backward linkage in the local economy with job and trade opportunities in the region,said Rajesh K Mediratta, Managing Director and CEO, Indian Gas Exchange (IGX) on Saturday.

1 min

SITHARAMAN LAUNCHES NATIONAL MSME OUTREACH, INAUGURATES SIDBI BRANCHES IN BENGALURU

Finance Minister Nirmala Sitharaman launched the National MSME Cluster Outreach Programme and inaugurated new SIDBI branches to support MSMEs across India.

2 mins

Delhi HC grants relief to Ambuja cement, quashes Rs 218 Cr stamp duty order

The Delhi High Court has ruled in favour of Ambuja Cement Limited, setting aside a show cause notice and an order demanding Rs218.87 crore in stamp duty along with a Rs69 crore penalty.

1 min

Bangladesh's interim govt to seek Interpol support to repatriate Hasina

Hasina and her party leaders face accusations of ordering brutal suppression of the Anti-Discrimination Students Movement, resulting in numerous casualties during the July-August protests.

1 min

Sri Lanka's BRICS membership application not rejected: Foreign Ministry

Sri Lanka's bid to join BRICS has not ended and its application to join the grouping is still pending, the Foreign Ministry here said on Sunday.

1 min

Awami League leader files complaint against B'Desh Chief Adviser in International Criminal Court

A complaint was filed against the Chief Adviser of Bangladesh interim government, Muhammad Yunus, and 61 others, under Article 15 of the Rome Statute at the International Criminal Court (ICC) in Netherlands.

1 min

Smog tightens its grip in Psk's Punjab creating lockdown situation

A thick blanket of smog continued to suffocate several cities in Pakistan's Punjab province on Saturday, spreading its toxic reach and severely disrupting transportation.

1 min

Amid economic struggles in China, police seize assets target business owners

Posts circulating on social media reveal that police across China have been targeting private business owners, freezing assets, and demanding money in return for releasing funds as per a report in the Voice of America.

1 min

Guru Nanak Jayanti: Pak issues 3,000 visas to Indian Sikhs

Pakistan High Commission in New Delhi has issued more than 3,000 visas to Sikh pilgrims from India to attend the birthday celebrations of Guru Nanak Dev from November 14-23.

1 min

QATAR SUSPENDS MEDIATION IN ISRAEL-HAMAS TALKS, CITING 'LACK OF GOOD FAITH': REPORT

Qatar has suspended its role as a mediator in the ongoing negotiations between Israel and Hamas after concluding that both sides are \"no longer negotiating in good faith,\" CNN reported.

1 min

Iran's Foreign Minister calls US claims of plot against Trump 'fabricated'

Araghchi said on Saturday that Iran is not pursuing nuclear weapons and criticized the US narrative. \"Now, with another election, a new scenario is fabricated with the same goal: as a killer does not exist in reality.

2 mins

KAMAL NATH POISED FOR KEY ROLE IN CONGRESS

Amidst intense speculation about senior leader Kamal Nath getting an important role in the Congress, a section of the media, perhaps at the behest of his detractors within his own party, put out news that the former Madhya Pradesh Chief Minister was all set to join the BJP.

4 mins

KAMALA HARRIS'S CAMPAIGN STRUGGLES AND THE HIDDEN POWER OF INSTITUTIONS

The recent loss of Kamala Harris in her campaign has ignited discussions that extend beyond policy debates, focusing instead on the structural and external factors that may have influenced public opinion.

3 mins

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The recent loss of Kamala Harris in her campaign has ignited discussions that extend beyond policy debates, focusing instead on the structural and external factors that may have influenced public opinion.

8 mins

Delhi High Court: Cannot Approve MCD Not Paying Wages, Retiral Benefits To Its Employees; If They Default Must Suffer Interest

The Delhi High Court in the case Municipal Corporation of Delhi Versus Bijender Singh observed and has stated that it can never be an approver to the Municipal Corporation of Delhi, MCD for not paying wages or retiral benefits to its employees.

1 min

Supreme Court Issued Notice To Delhi Tree Authority And Officers: What Procedure Followed In Tree Felling?

The Supreme Court in the case MC Mehta versus The Union Of India And Ors observed and has issued notice to the Tree Authority and the Tree Officers who are being appointed under the Delhi Preservation of Trees Act, 1994, in a petition filed seeking to prevent the Delhi government in order to permit tree felling under the Act without prior permission from the court.

2 mins

Punjab And Haryana High Court Seeks Data On Challans Issued To Females Riding Two-Wheeler Without Helmet Including Sikh Women Not Wearing Turban

The Punjab and Haryana High Court in the case Court on its own motion v. Chandigarh Administration & Ors. observed wherein the court has sought data from Governments of Punjab, Haryana and U.T., Chandigarh about the number of challans issued to females driving or pillion-riding two-wheeler vehicles without head-gear.

1 min

Punjab And Haryana High Court Closes Contempt Case Against 274 Followers Of Self-Styled Godman Rampal For Criticising Judge

The Punjab And Haryana High Court in the case observed and has accepted unconditional apology of over 274 followers of self-styled godman Sant Rampal in a suo motu proceeding initiated in 2019.

1 min

Delhi High Court To Centre: Take Policy Decision On Guidelines For Foreigners With Criminal Cases And Expired Indian Visas

The Delhi High Court in the case Court On Its Own Motion v State observed and has asked the Union Government to take a policy decision as to whether certain guidelines ought to be framed at national level in respect of foreigners against whom criminal cases are lodged and whose Indian visas have expired.

1 min

SC: LIS PENDENS DOCTRINE KICKS IN WHEN PETITION IS FILED AND NOT WHEN COURT ISSUED NOTICE; IT APPLIES EVEN IF PETITION WAS IN DEFECT

The bench comprising of Chief Justice of India DY Chandrachud, Justice JB Pardiwala and Justice Manoj Misra was hearing the present matter.

3 mins

EPFO clears audit Backlog, pushes reforms ahead of 72nd Foundation Day

Labour Secretary and Chairperson of Executive Committee, Central Board, Employees' Provident Fund Organization (EPFO), Sumita Dawra, presided over the 109th Meeting of the Executive Committee this week in the national capital.

1 min

Odisha startup launches autonomous drone service

Bon V Aero has launched a fully autonomous logistics drone service called Air Orca.

1 min

FMCG brands drive premiumisation amid inflation

Despite persistent inflation and sluggish demand, several leading FMCG and retail brands are doubling down on their premiumization strategies, reshaping their approach to appeal to discerning customers.

1 min

Biz as usual in Canada despite tensions between New Delhi, Ottawa: SBI

State Bank of India (SBI) has not seen any impact in Canada despite the ongoing tensions between New Delhi and Ottawa, a top bank official has said.

1 min

ITI Ltd gets orders worth Rs 4,559 cr

With this, ITI Limited has emerged as the lowest bidder for three packages taking the total order value to Rs 4,559 crores, the company informed stock exchanges in a filing on Sunday.

1 min

Trump presidency set to benefit India due to US-China rivalry: Moody's Ratings

Trump's trade policy approach would likely bring immediate impacts to the manufacturing sector, the Moody's Ratings said, adding that although a divided Congress might slow down or adjust the scope of such measures.

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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