The Business Guardian - November 17, 2024

In this issue

November 17, 2024

Indian equity market delivers stronger returns than China

Indian equity markets have delivered stronger returns compared to China's equity markets since 2000, highlighted a report by Deutsche Bank.

1 min

Gold prices dip 6% amid stronger dollar and US inflation concerns

Gold prices have witnessed a significant decline of around 6 per cent since Diwali, driven by a stronger dollar and concerns over US inflation data.

1 min

Substantial slowdown in FPI selling in November

The pace of selling by foreign portfolio investors (FPIs) in the Indian equity market slowed down in the second week of November, according to data from the National Securities Depository Limited (NSDL).

1 min

INDIA'S EXPORTS SURGE 19% IN OCTOBER

India's overall exports, merchandise and services combined, in October were to the tune of USD 73.21 billion, a 19.07% rise on a yearly basis, Commerce Ministry data showed on Thursday.

1 min

Delhi-NCR, Mumbai among top 10 APAC office rental markets

Delhi-NCR and Mumbai are among the top ten markets in Asia Pacific region (APAC region), driven by demand from Global Capability Centres (GCCs) and India-focused businesses, as observed in Knight Frank APAC Prime Office Rental Index.

1 min

IAC URGES GOI AND OEMS TO ADOPT AUTO LPG AS A 'NET ZERO HERO'

As LPG Week 2024, organized by the World Liquid Gas Association (WLGA), approaches, Suyash Gupta, Director General of the Indian Auto LPG Coalition (IAC), has called upon the Government of India and Original Equipment Manufacturers (OEMs) to embrace Auto LPG as a cleaner and more cost-effective fuel alternative.

1 min

India shows resilience amid Trump's trade policies

India is emerging as one of the least affected markets in the region when it comes to former U.S. President Donald Trump's trade policies, highlighted a report by global brokerage firm CLSA.

1 min

SUYOG TELEMATICS POWERS INDIA'S 5G FUTURE WITH TOWER EXPANSION

India is the second largest telecommunication market with the second highest number of internet users.

4 mins

INDIA'S SPORTS MARKET SET TO SOAR TOWARDS USD 130 BILLION BY 2030

India's sports is set for a metamorphic change and is poised to reach USD 130 billion by 2030, according to a new report by Google and Deloitte.

1 min

Maruti, Hyundai market share falls

The landscape of India's passenger vehicle (PV) market is undergoing a notable transformation as the dominance of long-standing players declines while new entrants gain ground.

1 min

FESTIVE AUTO RETAIL SALES SURGE BY 11.76%

According to the Federation of Automobile Dealers Associations (FADA), automobile retail demand during this year's festive season surged, with sales growing at 11.76 percent over last year's 38.37 lakh units.

1 min

EV registrations surge 26% YoY to reach 1.1 million units

Electric vehicle (EV) registrations saw modest growth in October 2024, primarily driven by a festive season demand boost, leading to a robust year-to-date (YTD) growth in EV penetration across all segments, according to the Haitong report.

1 min

MARUTI SUZUKI LAUNCHES NEW DZIRE WITH ENTRY PRICE OF RS 6.79 LAKH

Maruti Suzuki India on Monday launched a new and updated version of one of its highest-selling sedan 'Dzire' in petrol and S-CNG models.

1 min

Passenger car sales registered a de-growth of 17% in October

The Indian auto industry saw a modest month in October 2024, driven by festive demand during Dussehra and Diwali, which boosted consumer interest and vehicle purchases, according to the data from the Society of Indian Automobile Manufacturers (SIAM).

2 mins

Skoda Kylaq Compact SUV on-road prices

The much-anticipated Skoda Kylaq compact SUV has been launched in India, built on the brand's MQB-AO-IN platform.

1 min

Urban Stone Soup: Stirring the pot, but where's the meal?

I had heard a story about 'Stone Soup', where a mother made stone soup by adding stones to a pot of plain boiling water and continuously stirring stones to keep hope to satisfy her children's hunger. The story stayed with me; however, this story has taken on a new meaning while reflecting on a worrying trend in our approach towards urban development.

2 mins

TURNING OCCASIONAL BUYERS INTO LIFETIME CUSTOMERS

Loyalty programs can play a crucial role in creating brand loyalty and by using new-age technology solutions in automating rewards, holistic benefits can be realized in the FMCG space.

3 mins

BISHNOI GANG PLOTTED AFTAB'S MURDER IN COURT

Shubham Lonkar, a key suspect in the murder of NCP leader Baba Siddique and an alleged member of the Lawrence Bishnoi gang, reportedly plotted to kill Aftab Poonawala, the main accused in the brutal Shraddha Walkar murder case.

1 min

Meena's lawyer criticises police for not presenting him in court

An independent candidate from Rajasthan's Deoli-Uniara constituency, Naresh Meena, has been placed in 14-day judicial custody for allegedly slapping Sub-Divisional Magistrate Amit Chaudhary.

1 min

Delhi Court seeks police response on Bibhav Kumar's petition

Delhi's Tis Hazari Court has issued a notice to the Delhi Police on a revision petition filed by Bibhav Kumar, challenging the cognizance of the charge sheet against him.

1 min

CJI KHANNA SUPPORTS MINIMUM STIPEND FOR JUNIOR LAWYERS

Chief Justice of India Sanjiv Khanna on Friday expressed strong support for the Bar Council of India's recent proposal to introduce a minimum stipend for junior lawyers, emphasizing the need to address the financial challenges that discourage young lawyers from pursuing careers in litigation.

2 mins

Delhi Court allows ED more time to verify AAP MLA Khan's FDR

Delhi's Rouse Avenue Court on Saturday has granted time to the investigating officer of the ED to verify the Fixed Deposit Receipt furnished for the court for the release of AAP MLA Amanatullah Khan.

1 min

RAJESH KATYAL GRANTED BAIL IN RS 200 CR MONEY LAUNDERING CASE

Businessman Rajesh Katyal, who was arrested by the Enforcement Directorate for allegedly laundering over Rs.200 crore in proceeds of crime, on Saturday has been granted regular bail by a Delhi court.

2 mins

Child protection: The Just Right for Children Alliance case

The Supreme Court of India's recent ruling in Just Right for Children Alliance v. S. Harish marks a significant milestone in the country's efforts to protect children from sexual exploitation.

2 mins

AIR INDIA-VISTARA MERGER IMPORTANT MILESTONE: TATA

Tata Sons chairman N Chandrasekaran on Thursday said the Air India-Vistara merger is an important milestone in the transformation of Air India into a world-class global airline, fulfilling the \"sky-high expectations\".

2 mins

Adani Group to invest in US energy and infrastructure projects

\"As the partnership between India and the United States deepens, the Adani Group is committed to leveraging its global expertise and invest USD 10 billion in US energy security and resilient infrastructure projects, aiming to create up to 15,000 jobs,\" Adani Group Chairman, Gautam Adani's X post read.

1 min

Reliance, Disney, Viacom18 complete Rs 70,352 cr merger

Reliance Industries, Viacom18 Media (Viacom18) and The Walt Disney Company (Disney) on Thursday announced that following the approval by the NCLT Mumbai, Competition Commission of India and other regulatory authorities, the merger of the media and JioCinema businesses of Viacom18 into Star India (SIPL) has become effective, as per a joint statement put out on Thursday.

1 min

Excellence in AI will amplify human capabilities: CEO of GlobalGyan Leadership Academy

GlobalGyan Leadership Academy is an institution funded by Ratan Tata that specializes in cultivating future leaders for India's leading MNCs and Fortune 500 companies.

3 mins

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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.