The Business Guardian - November 18, 2024

In this issue

November 18, 2024

Tomato Prices Drop 22% in a Month on Improved Supply

The tomato retail prices witnessed a fall of over 22 per cent in a month due to better supply, the Department of Consumer Affairs said in a release on Sunday.

1 min

'1 Billion Pitches' draws 500 entries from 40 nations

The 1 Billion Followers Summit, the first and world's largest event of its kind, announced that its \"1 Billion Pitches\" competition has attracted 500 submissions from 40 countries.

2 mins

COP29: INDIA CRITIQUES DEVELOPED NATIONS ON CLIMATE FINANCE

India voices concerns over developed nations' stance at COP29, stressing equity and climate finance for effective global action.

2 mins

India stock outlook: Focus on Q2 earnings, FPI, and global cues

The domestic stock markets, in the upcoming week, will focus their attention back to the Foreign Institutional Investment (FIIs) selling, global cues and domestic developments such as earnings of the companies and winter session of the Parliament, say analysts.

1 min

Delhi Police bust drug syndicate, arrest four; seize Rs 1 crore in narcotics

A well-organized Narcosyndicate involved the distribution of banned drugs across India, including tramadol tablets and Pentazocine injections, has been taken down by the Delhi Police's Anti-Narcotics Task Force (ANTF), officials said on Sunday.

1 min

Gujarat CM inaugurates Zaverchand Meghani Museum in Dhandhuka

During his visit to Dhandhuka, Gujarat Chief Minister Bhupendra Patel inaugurated the National Poet Zaverchand Meghani Museum at the Rest House.

1 min

PM MODI, HOME MINISTER AMIT SHAH WILL LOSE": JHARKHAND MINISTER IRFAN ANSARI

Jharkhand election heats up with Ansari and Nadda sparring over governance and corruption

1 min

Gahlot resignation row: BJP calls it 'courageous', AAP slams as 'dirty politics

Bharatiya Janata Party (BJP) and Aam Aadmi Party (AAP) leaders on Sunday came face to face after Delhi minister and senior AAP leader Kailash Gahlot's resignation from AAP's primary membership.

2 mins

Gahlot resignation row: BJP calls it 'courageous', AAP slams as 'dirty politics'

Bharatiya Janata Party (BJP) and Aam Aadmi Party (AAP) leaders on Sunday came face to face after Delhi minister and senior AAP leader Kailash Gahlot's resignation from AAP's primary membership.

2 mins

Anil Jha, ex-BJP MLA, joins AAP with Kejriwal

Former BJP MLA Anil Jha on Sunday joined the Aam Aadmi Party (AAP) in the presence of party's national convenor Arvind Kejriwal.

2 mins

CORPORATE EARNINGS BOOST IN 2H FY25: MOTILAL OSWAL

\"After a flat 1HFY25, as the government spending revives in 2HFY25, this should augur well for corporate earnings along with a good kharif crop and improving rural demand,\" said the report.

1 min

India stock outlook: Market participants will watch out for Q2 earnings

The domestic stock markets, in the upcoming week, will focus their attention back to the Foreign Institutional Investment (FIIs) selling, global cues and domestic developments such as earnings of the companies and winter session of the Parliament, say analysts.

1 min

COP29: India Criticizes Developed Nations on Climate Finance

At the ongoing COP29 climate conference in Azerbaijan, India expressed dissatisfaction on the insistence of developed countries to expand the scope of the Mitigation Ambition and Implementation Work Programme (MWP) from what was agreed upon in the past.

2 mins

Days after listing, ACME Sun Power secures Rs 3,753 cr loan for projects in Rajasthan, Gujarat

Days after its listing on the stock exchanges, ACME Solar Holdings' subsidiary ACME Sun Power has secured a Rs 3,753 crore term loan financing from state-owned company REC Limited for the development and construction of a 320 MW green energy projects in collaboration with SJVN.

1 min

India to be in focus for high-street fashion manufacturers: McKinsey & Company

India will be a focus for high street fashion brands, as the players will look to Asian growth markets such as India for manufacturing, said McKinsey & Company in its latest report.

1 min

India can save USD 10 bln annually: McKinsey report

India could potentially save about USD 10 billion annually by expanding insurance penetration to those people and assets that are still uninsured, according to a report by global consultancy management firm McKinsey.

1 min

Forex reserves decline for sixth straight week by $6.4 bn

As per the RBI data, the major constituents of the reserves, the foreign currency assets dropped by 4.467 billion to $585.383 billion as of November 8.

1 min

Overall textiles exports in October up 11.6%, apparels soar 35.1%

Textiles exports from India during October were about 11.56 per cent higher at $1,833.95 million, compared to the same month last year.

1 min

bodycraft clinic & salon opens their flagship store in gurugram

As one of India's legacy beauty and wellness brands, Bodycraft Clinic & Salon has long been renowned for their world-class treatments and exceptional service.

1 min

Tomato prices fall over 22% in a month due to better supply

The total annual production of tomatoes, as per the third advance estimate of the Department of Agriculture is 213.20 lakh tonnes in 2023-24; a 4 percent increase over 204.25 lakh tonnes in 2022-23.

1 min

A consumer powerhouse for future entrepreneurs

Did you know that India is home to over 600 venture-funded direct-to-consumer (D2C) startups?

1 min

COP29: INDIA OPPOSES EXPANSION OF MWP

India opposed developed nations' push to expand the Mitigation Ambition and Implementation Work Programme (MWP) beyond what was previously agreed.

1 min

India to be in focus for high-street fashion manufacturers: Report

McKinsey & Company report said that the global fashion executives rank Asia growth markets as their top sourcing hotspots for the next five years, adding that the regulatory incentives in these countries fuel manufacturer capability building

1 min

INDIA NEEDS QUALITY HUMAN WORKFORCE AS FACILITATORS OF VIKSIT BHARAT

Since Prime Minister Narendra Modi has visualized and set a goal for Vikasit Bharat in 2047, the nation needs a quality human workforce as facilitators of the mission of Vikasit Bharat. To cultivate an innovative, dedicated, and quality educated youths and students as human workforce of Vikasit and Shresth Bharat, PM Narendra Modi-led BJP government brought in New Education Policy-2020.

3 mins

SUPREME COURT HALTS BULLDOZER INJUSTICE

In a significant ruling with far-reaching ramifications, the Supreme Court has put a halt to Bulldozer Injustice through which various State governments were infringing the rule of law and demolishing houses or buildings owned by the accused in cases of heinous crimes.

3 mins

Literature and the art of humanising animals, objects and other things

The humanizing of animals, objects, and other things has been a literary device adopted by writers from ancient times.

4 mins

Himachal Pradesh High Court Upholds Levy Of GST On Mining Royalty Payable Under Mining Concession Granted By State

The Himachal Pradesh High Court in the case M/s Lakhwinder Singh Stone Crusher v. Union of India & ors. observed and has dismissed a writ petition challenging notifications issued by the Central government for levy of GST on Royalty paid by a Mineral Concession Holder for mining concession granted by the State.

1 min

SC 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

Supreme Court: Lis Pendens Doctrine Kicks In When Petition Is Filed And Not When Court Issued Notice; It Applies Even If Petition Was In Defect

The Supreme Court in the case M/s Siddamsetty Infra Projects Pvt Ltd v. Katta Sujatha Reddy and Others observed and has held that the doctrine of lis pendens under Section 52 of the Transfer of Property Act, 1882 will kick in from the moment a petition is filed in the Court and not at the stage when notice is issued by the Court.

2 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

Kerala High Court: Assessing Authority Cannot Reassess Prior Years Without Inquiry While Determining Relevant Year's Assessment [Income Tax]

The Kerala High Court in the case Kings Infra Ventures Ltd. v. The Assistant Commissioner of Income Tax observed and has stated that while determining the assessment of relevant years assessing authority cannot determine the assessment for earlier years without enquiry.

1 min

Supreme Court Dismissed Bail Petition Of Suspended Janta Dal (S) Leader Prajwal Revanna In Rape And Sexual Assault Case

The Supreme Court in the case Prajwal Revanna versus The State Of Karnataka observed and has dismissed the petition filed by a suspended Janta Dal (S) leader Prajwal Revanna seeking bail in the case over allegations of rape and sexual assault.

1 min

BJP forms 12-member committee for assembly polls manifesto

BJP has announced the formation of the election manifesto committee to prepare a vision document and list promises for the upcoming assembly elections in Delhi.

1 min

BJP's Purvanchali leader Anil Jha joins AAP

The BJP's Purvanchali leader and two-time former MLA from Kirari, Anil Jha, joined the Aam Aadmi Party (AAP) in the presence of party supremo Arvind Kejriwal on Sunday.

1 min

Two men arrested for cheating in fake currency exchange scheme

According to the officer, the duo would use genuine dollars initially to gain the victims' trust before handing over bundles of paper disguised as cash in exchange for money.

1 min

Delhi Assembly elections a ‘dharamyudh’ like Mahabharata, says Kejriwal

AAP national convener Arvind Kejriwal compared the upcoming Delhi Assembly elections to a 'dharamyudh'--a righteous battle akin to the one in the Mahabharata.

1 min

Crime Branch arrests sharpshooter of Neeraj Bawania gang

An alleged sharpshooter of the Neeraj Bawania gang who was involved in a double murder in Delhi's Subhash Place area in 2014, was arrested from Sonepat in Haryana, police said on Sunday.

2 mins

Pressure from ED, CBI forced Gahlot to quit: AAP

AAP's national chief spokesperson Priyanka Kakkar alleged that the ongoing investigations against Gahlot and his family had left him with no choice but to join the BJP

1 min

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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:

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