CATEGORIES

Business Standard

Ministry of Ports plans int'l tie-ups to pool funds for insurance entity

Initially, the proposed P&I entity would cover only coastal and riverine vessels, which fall outside the international P&I framework and carry a lower risk profile, as previously reported.

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1 min  |
October 11, 2024
Business Standard

WORLD BANK REPORT - Manufacturing output to jump 9% if more women join workforce

India's manufacturing output would increase by 9 per cent if more women joined the workforce, the World Bank said in its South Asia Development Update on Thursday.

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1 min  |
October 11, 2024
WTO cuts 2025 global trade growth outlook to 3%
Business Standard

WTO cuts 2025 global trade growth outlook to 3%

Says West Asia conflict may disrupt shipping, raise energy prices

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2 mins  |
October 11, 2024
Economists caution on RBI's growth optimism
Business Standard

Economists caution on RBI's growth optimism

Most project FY25 growth below 7.2%

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2 mins  |
October 11, 2024
Govt releases ₹1.8 trn to states in tax devolution
Business Standard

Govt releases ₹1.8 trn to states in tax devolution

Includes advance instalment of ₹89K crore ahead of festival season

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1 min  |
October 11, 2024
Business Standard

NBFCs raise over ₹3 trn in H1FY25 via domestic debt

Sep fundraise highest in current FY

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2 mins  |
October 11, 2024
Business Standard

PSB share in incremental credit falls on slower lending to NBFCs

Public sector banks' (PSBs) share in incremental credit declined by three percentage points to 51 per cent in September 2024 from 54 per cent a year ago as they moderated the pace of disbursements to non-banking finance companies and unsecured credit.

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1 min  |
October 11, 2024
JCB bets on 'greener' machines
Business Standard

JCB bets on 'greener' machines

Heavy machines maker JCB, which is growing in double digits this year, is planning to make its machines “greener” by reducing fossil fuel consumption, the firm said.

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2 mins  |
October 11, 2024
IT firms' focus on building IP and platforms may trigger more lawsuits
Business Standard

IT firms' focus on building IP and platforms may trigger more lawsuits

Recently there has been a spurt in litigation by information-technology (IT) services players as the industry's business model transitions towards platform and intellectual property-led deals.

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2 mins  |
October 11, 2024
Air India orders 85 additional Airbus aircraft
Business Standard

Air India orders 85 additional Airbus aircraft

Airline also considering placing order using Boeing options

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1 min  |
October 11, 2024
Business Standard

Discretionary deal demand still low

In an analyst call on Thursday, Tata Consultancy Services Chief Executive Officer K Krithivasan elaborated that cost optimisation, vendor consolidation, customer experience transformation, and supply chain modernisation remain central themes for clients.

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2 mins  |
October 11, 2024
TCS sets in motion FY26 campus hiring process
Business Standard

TCS sets in motion FY26 campus hiring process

IT major adds 11,000 employees in the first half of FY25

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1 min  |
October 11, 2024
Who's who queue up to bid farewell to Ratan Tata
Business Standard

Who's who queue up to bid farewell to Ratan Tata

Industrialists, politicians, film stars, Tata group employees, friends, family members and admirers -- running into thousands -- queued up at the National Centre of Performing Arts (NCPA) at Nariman Point since Thursday morning to pay their last respects to Ratan Tata, 86.

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3 mins  |
October 11, 2024
Cautious demand scenario weighs on TCS show in Q2
Business Standard

Cautious demand scenario weighs on TCS show in Q2

Top line beats estimates, 5% profit growth disappoints

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1 min  |
October 11, 2024
Business Standard

Govt considers seed funding for shipping insurance entity

With little progress in establishing a protection and indemnity (P&I) entity to insure cargo vessels, the Centre is considering deploying its own funds as preliminary investment. This approach would involve private insurers and shippers contributing at a secondary stage, according to multiple officials familiar with the development.

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2 mins  |
October 11, 2024
Business Standard

Market rally takes collective wealth of richest 100 Indians beyond $1 trn

Mukesh Ambani, chairman and managing director of Reliance Industries, has once again secured top spot on Forbes' 2024 list of India's 100 richest tycoons, with his wealth increasing by $27.5 billion over the past year. The collective wealth of the 100 richest went past $1 trillion for the first time.

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2 mins  |
October 11, 2024
India on top of luxury firms' 'watch' list
Business Standard

India on top of luxury firms' 'watch' list

Country's appetite for premium watches grows as China sees a downturn

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3 mins  |
October 10, 2024
Brand Maggi stronger than ever as Nestlé India gears up for new leader
Business Standard

Brand Maggi stronger than ever as Nestlé India gears up for new leader

Nothing has presented \"two minutes\" as tastefully as Maggi since its entry into India over four decades ago.

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2 mins  |
October 10, 2024
BURNING ISSUE
Business Standard

BURNING ISSUE

Minimum support price has been a bone of contention between the farmers in Punjab and the state and Centre

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3 mins  |
October 10, 2024
Missing funds went to legitimate purpose, says Byju's founder
Business Standard

Missing funds went to legitimate purpose, says Byju's founder

The founder of Byju's, a once high-flying Indian education company that defaulted on its US debts, denied that he orchestrated a scheme to fraudulently transfer $533 million away from lenders.

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2 mins  |
October 10, 2024
97% rail electrification done
Business Standard

97% rail electrification done

Indian Railways has completed electrification of 96.68 per cent of its broad gauge network, as it moved swiftly to become fully-electrified by 2024-25. Six more states now have 100 per cent electrified networks, taking the number of such states to 20, according to the national transporter's data.

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1 min  |
October 10, 2024
Fortified rice supply, border roads get ₹21K cr Cabinet push
Business Standard

Fortified rice supply, border roads get ₹21K cr Cabinet push

2,280 km roads to be built in Rajasthan, Punjab border areas

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2 mins  |
October 10, 2024
Business Standard

More upside in Zomato's stock, but competition also rising

The filing of Swiggy's DRHP has led to direct comparisons with Zomato, which is a direct competitor in food delivery and the fast-growing quick-commerce segment where Blinkit (owned by Zomato) faces off against Instamart (and Zepto).

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2 mins  |
October 10, 2024
Business Standard

No irregularities found in Sebi probe: Zee panel

The Independent Investigation Committee (IIC), set up by the board of Zee Entertainment Enterprises Limited, said that \"no material irregularities\" were found against the company during the investigation by the securities regulator, it said in a release on Wednesday.

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1 min  |
October 10, 2024
India set to join FTSE Russell bond index next year
Business Standard

India set to join FTSE Russell bond index next year

South Korean bonds to be added to FTSE World Government Bond Index

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2 mins  |
October 10, 2024
Mkts erase gains amid sustained FPI selling
Business Standard

Mkts erase gains amid sustained FPI selling

India's benchmark indices made positive strides for the second consecutive session on Wednesday, but sustained selling by overseas investors saw them erase their gains.

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1 min  |
October 10, 2024
‘Anxiety as a symptom of anxiety’
Business Standard

‘Anxiety as a symptom of anxiety’

Today, as we become our own diagnosticians, a quick Google search is handy but not always warranted. Inevitably, one question leads to an obsessive two hour-long spiral down the rabbit hole that is the internet, whether or not the issue deserves such immediacy. This behaviour is not new, as Caroline Crampton points out in her second book, A Body Made of Glass, although it has been on the rise.

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3 mins  |
October 10, 2024
Nomura sees robust growth ahead for domestic AMCs
Business Standard

Nomura sees robust growth ahead for domestic AMCs

Forecasts industry AUM to grow at 18% CAGR between FY24 and FY30

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2 mins  |
October 10, 2024
Business Standard

Unambiguous commitment

MPC wants the disinflation process to be completed

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2 mins  |
October 10, 2024
Business Standard

The making of AI

Physics Nobel has created a controversy

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2 mins  |
October 10, 2024