CATEGORIES

MF licence aspirant list swells with new wave of AMCs ready to roll

New applications serve as launchpad for diversifying business and expanding capital market reach

' 'Kutty Japan' faces crackle of fireworks, barium bans

Impressed by its industrial vibrancy, former prime minister Jawaharlal Nehru affectionately referred to this small city in Tamil Nadu as 'Kutty Japan' (Kutty means 'mini' in Tamil). Now, in 2024, Nehru's Kutty Japan, popularly known as Sivakasi, still contributes to over 85 per cent of the fireworks made in the country, lighting up the festive colours of every city and village in India.

Agencies actively pursuing bomb threat cases: Minister

Law enforcement agencies are actively pursuing all cases of bomb threats against airlines and the government is closely monitoring the situation, Civil Aviation Minister K Rammohan Naidu said on Wednesday.

Amazon Prime Video to introduce ads next year

Amazon's streaming platform Prime Video will include advertisements in shows and films for Indian viewers starting next year.

Why language needs more than a tag

Earlier this month, the Union Cabinet granted classical language status to Marathi, Pali, Prakrit, Assamese, and Bengali. With Tamil (2004), Sanskrit (2005), Telugu (2008), Kannada (2008), Malayalam (2013), and Odia (2014) already designated as classical languages, this brings the total to 11.

I'm back: Omar Abdullah takes charge as J&K CM

5 ministers take oath, including Dy CM from Jammu region and 1 Independent

Saini elected BJP legislature chief in Haryana; set to take oath today

Nayab Singh Saini on Wednesday staked claim to form the next government in Haryana, hours after he was unanimously elected as the leader of the BJP legislature party in the state.

Maha's pre-poll welfare schemes unlikely to hit state's fiscal health

The series of welfare schemes announced by the Maharashtra government ahead of the Assembly elections is unlikely to hit the fiscal health of the state in the financial year 2025 (FY25), according to rating agency ICRA. The agency said that the state's market borrowings remained within prudential norms.

Two great architects

The aesthetics of Ratan Tata and Christopher Benninger made India a nicer physical place

Green power

New plan will aid the transition

Satellite communication

Trai must clear the way

The woes of illegal construction

We often spot one corner or part of a city that seems untouched by infrastructure development. These areas are often dotted with numerous cramped buildings, shops occupying pavements and roads, which cause traffic congestion. Loose wires hang precariously from poles, and multiple basements pose fire hazards.

Morgan Stanley's investment banking revenue surges 56%

Morgan Stanley's profit surpassed estimates on a bumper third quarter for investment banking that had also buoyed rivals, sending its stock to a record.

‘Age of electricity to follow fossil fuel peak: IEA

The world is on the brink of a new age of electricity with fossil fuel demand set to peak by the end of the decade, meaning surplus oil and gas supplies could drive investment into green energy, the International Energy Agency said on Wednesday.

Jaishankar at SCO: Terrorism hurdle to regional trade

Delivering a thinly veiled message to Pakistan from its capital, External Affairs Minister S Jaishankar on Wednesday said if activities across borders are \"characterised\" by terrorism, extremism, and separatism, they are hardly likely to encourage trade, energy flows, and connectivity in parallel.

EU AI Act checker reveals Big Tech's compliance pitfalls

Some of the most prominent artificial intelligence models are falling short of European regulations in key areas such as cybersecurity resilience and discriminatory output, according to data seen by Reuters.

LVMH's fall from grace in China rattles luxury investors

Eighteen months ago, LVMH shares were trading at a record high and the group's controlling shareholder, Bernard Arnault, was the world's wealthiest person.

Israeli strikes kill 15 in town with dark history in Lebanon

Attack on southern town of Nabatieh kills six, including local mayor

Ahead of Diwali, govt staffers get 3% DA hike

With Diwali drawing close, the Union Cabinet on Wednesday announced a 3 per cent hike in dearness allowance (DA) for central government employees, and a similar 3 per cent jump in dearness relief (DR) which goes to pensioners.

Cabinet okays MSP boost for rabi crops

May not have big inflationary impact: BoB analysis

OIS rates surge on US yields, RBI stance

Overnight index swap (OIS) rates have been soaring in October due to the rise in US Treasury yields and on the expectations of delayed rate cut by the Reserve Bank of India's rate setting panel, said dealers.

US, UK push ahead with India despite Trudeau's allegations

Canada's allies, the United Kingdom (UK) and the United States (US), signalled they will continue to pursue stronger ties with the Indian government, despite Prime Minister Justin Trudeau's allegations that Indian diplomats secretly collected intelligence on Sikh separatists living in Canada who were then threatened, extorted or killed.

2nd time in 20 yrs, manufacturing jobs outpace sector growth

Capital intensity adds horsepower to the sector in latest ASI data

Insurers get till FY27 for new accounting norms

The Insurance Regulatory and Development Authority of India (Irdai) has asked both bank-sponsored and non-bank-sponsored insurance companies to implement IFRS 17 regulations by FY27, a move that will give these companies time for implementation.

RINL funding decision likely next month

Govt awaits UK consulting firm's viability report on Navratna entity

‘There's a renewed focus on GCCs with tech emphasis’

KPMG is ramping up its capacity by about 20 per cent annually, focusing on its technology division while also reviewing the effectiveness of its well-being policies, says YEZDI NAGPOREWALLA, chief executive officer of KPMG India, in an interview with Ruchika Chitravanshi in New Delhi. Edited excerpts:

India-UK FTA negotiations likely to restart in Nov

India is hoping that free trade agreement (FTA) negotiations with the United Kingdom (UK) will restart in November, a senior government official has said.

GenAI startups in India see 3.6x surge in H1CY24

India's GenAI ecosystem has witnessed strong, broad-based growth, with the total number of GenAI startups increasing 3.6 times to more than 240 by the first half of 2024 (H12024) from over 66 in H12023, according to a report by IT trade body Nasscom.

Indian manufacturing should eye export-led growth: Godrej

The Indian manufacturing sector should aim for export-led growth driven by climate-friendly processes and see regulations like the Carbon Border Adjustment Mechanism (CBAM) as an opportunity to have a global footprint, Jamshyd Godrej (pictured), Chairman, CII Sohrabji Godrej Green Business Centre and Chairman, Godrej & Boyce told Business Standard in Delhi on Wednesday.

Committed to long-term investment in India

Singapore headquartered Sembcorp Industries is the largest foreign renewable energy (RE) player in India with 5 gigawatt (Gw) of operational solar and wind power capacity. It started out by acquiring several key RE assets in India and went on to participate in government tenders. The company is widening its ambit to hybrid RE and green ammonia production. In an interaction with Shreya Jai in New Delhi, A NITHYANAND, chief executive officer (CEO), renewables business (India), Sembcorp Industries, shares the company's plans in India. Edited excerpts: