CATEGORIES

Modified policy to revive ageing oilfields expected to be out in 2025
Business Standard

Modified policy to revive ageing oilfields expected to be out in 2025

The government may notify the modified version of the policy on enhanced recovery (ER) and improved recovery (IR) for oil and gas in 2025, officials said.

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2 mins  |
December 27, 2024
TReDS to spin MSME flywheel: A million strong in two years
Business Standard

TReDS to spin MSME flywheel: A million strong in two years

TREADING NEW GROUND: A BIGGER ROLE FOR TReDS

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2 mins  |
December 27, 2024
Business Standard

Exporters seek ₹750 crore scheme for $25 bn fillip

Ahead of the FY26 Union Budget, exporters urged the finance ministry to approve a US-focused marketing scheme worth ₹750 crore to generate an additional $25 billion in exports to the US over the next three years.

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1 min  |
December 27, 2024
Business Standard

Call for NBFCs to diversify funding sources

Non-banking financial companies (NBFCs) need to further diversify their sources of funding as a risk mitigation strategy, as their dependence on banks remains high despite some moderation in recent times, the RBI said in a report.

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1 min  |
December 27, 2024
Bank profits up for 6th straight yr; bad loans continue to dip
Business Standard

Bank profits up for 6th straight yr; bad loans continue to dip

Growth in interest expenses outpaces interest earnings

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2 mins  |
December 27, 2024
Portrait of a technocrat as
Business Standard

Portrait of a technocrat as

A leader who unleashed economic reforms that laid the foundation of India's future

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10+ mins  |
December 27, 2024
Business Standard

Jubilant FoodWorks inks pact to buy Coca-Cola India products from Apr

Jubilant FoodWorks has signed a pact with Coca Cola India to purchase its portfolio of sparkling beverage products, a move that will allow the Indian firm to serve Coca Cola and other products of the US giant at the outlets of its franchise restaurant chains such as Domino's Pizza, Dunkin Donuts.

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1 min  |
December 27, 2024
Business Standard

Gensol secures ₹897 crore solar project contract

Gensol Engineering on Thursday said it has secured a ₹897-core contract from NTPC Renewable Energy Limited (NTPC REL) for the development of 225 MW grid-connected solar projects.

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1 min  |
December 27, 2024
IndusInd Bank to sell ₹1,573 crore of non-performing microfinance loans
Business Standard

IndusInd Bank to sell ₹1,573 crore of non-performing microfinance loans

Private sector lender IndusInd Bank is seeking to offload ₹1,573 crore of non-performing microfinance retail loans, amid mounting stress in the microfinance sector.

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2 mins  |
December 27, 2024
Indians grab toys, tech, gold beyond groceries
Business Standard

Indians grab toys, tech, gold beyond groceries

India's love for convenience and quick deliveries soared in 2024, with consumers expanding their orders beyond groceries to include everything from makeup and toys to vacuum cleaners.

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1 min  |
December 27, 2024
Business Standard

After false start, 10-min food delivery back on road

India's instant food delivery platforms have witnessed a revival this year, following the failure of similar initiatives by Swiggy and Zomato in 2023.

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2 mins  |
December 27, 2024
Business Standard

CCI Considers Sector Specifics to Intervene: Report

The Competition Commission India (CCI) takes into account sector-specific characteristics and the larger economic and policy backdrop to intervene carefully when necessary, the antitrust watchdog said in its annual report.

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1 min  |
December 27, 2024
Mankind inks pact with Innovent for cancer care
Business Standard

Mankind inks pact with Innovent for cancer care

For the first time, Mankind has partnered a Chinese firm for novel biologics

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1 min  |
December 27, 2024
Business Standard

It's new manufacturing golden age for India

Tata Group plans to create 500,000 manufacturing jobs over the next five years as it scales operations across sectors, N Chandrasekaran, chairman of the conglomerate, said on Thursday in his New Year message to employees, asserting that it was a new manufacturing \"golden age\" for India.

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1 min  |
December 27, 2024
MPC Stance May Be Behind H1 Demand Slowdown: FinMin
Business Standard

MPC Stance May Be Behind H1 Demand Slowdown: FinMin

A combination of monetary policy stance and macroprudential measures undertaken by the Reserve Bank of India (RBI) may have contributed to demand slowdown in the first half (April-September) of FY25, which among other factors led to lower economic growth, the finance ministry said in its latest monthly economic review.

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2 mins  |
December 27, 2024
RBI flags unsecured lending, pvt credit
Business Standard

RBI flags unsecured lending, pvt credit

The Reserve Bank of India (RBI) has flagged concerns over rising delinquency and leverage in unsecured loans, calling for enhanced vigilance despite a moderation in credit growth.

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2 mins  |
December 27, 2024
The architect of economic reforms
Business Standard

The architect of economic reforms

MANMOHAN SINGH 1932-2024

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3 mins  |
December 27, 2024
Pope urges 'all people of all nations' to silence arms
Business Standard

Pope urges 'all people of all nations' to silence arms

Pope Francis in his traditional Christmas message Wednesday urged \"all people of all nations\" to find courage during this Holy Year \"to silence the sounds of arms and overcome divisions\" plaguing the world, from the Middle East to Ukraine, Africa to Asia.

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1 min  |
December 26, 2024
Business Standard

Women in auto sector grapple with low wages, surging finger injuries

The severity of injuries among women in India's auto sector has been rising steadily from 2019 to 2024, according to the latest report by the Safe in India Foundation (SIIF), released last Friday.

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1 min  |
December 26, 2024
Regular staffers in CPSEs decline 3.14% in FY24
Business Standard

Regular staffers in CPSEs decline 3.14% in FY24

Share of contract workers rises 8.8% to 704,565 in the same period

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2 mins  |
December 26, 2024
AI to D2M—DPG 2.0 needs deep-tech action now
Business Standard

AI to D2M—DPG 2.0 needs deep-tech action now

From artificial intelligence to direct-to-mobile broadcasting, India faces a technology strategy dilemma on whether to develop indigenous deep-tech ecosystems or to follow the lead on technologies developed outside India.

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3 mins  |
December 26, 2024
SURETY VS GUARANTEE
Business Standard

SURETY VS GUARANTEE

Surety bonds have begun to outshine bank guarantees. But did they come in too late?

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4 mins  |
December 26, 2024
10 Picks Tailored for 2025 Market Terrain
Business Standard

10 Picks Tailored for 2025 Market Terrain

These stocks, handpicked by top brokerages, offer a blend of value and growth. After declining 13-37% from their 52-week highs, these scrips boast reasonable valuations and high return on equity, signalling strong upside potential. KRISHNA KANT outlines the blueprint for gains

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1 min  |
December 26, 2024
Business Standard

Shah, Naidu, other NDA leaders meet at Nadda's residence

Leaders of the National Democratic Alliance (NDA) met at BJP president J P Nadda's Delhi residence on Wednesday on the birth centenary of former prime minister Atal Bihari Vajpayee.

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1 min  |
December 26, 2024
PM Recalls Ambedkar's Vision, Slams Congress
Business Standard

PM Recalls Ambedkar's Vision, Slams Congress

Prime Minister Narendra Modi on Wednesday accused Congress of ignoring Dr B.R. Ambedkar's contribution to the development of water resources in the country as he laid the foundation stone of the Ken-Betwa river linking project in Madhya Pradesh.

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1 min  |
December 26, 2024
AAP Schemes Disowned by Delhi Govt's Own Depts
Business Standard

AAP Schemes Disowned by Delhi Govt's Own Depts

After the Bharatiya Janata Party (BJP) and the Congress termed two of the Aam Aadmi Party (AAP)'s recently announced welfare schemes a hoax, two senior Delhi government officers issued public notices on Wednesday disowning these schemes.

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2 mins  |
December 26, 2024
Business Standard

Lock in long-term returns with non-par plans

With markets doing well for four years, many investors turned to unit-linked insurance plans (Ulips). However, with volatility increasing, traditional non-participating (non-par) insurance plans are gaining popularity for their guaranteed, tax-free returns.

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2 mins  |
December 26, 2024
MSE set to raise ₹120 crore in fresh revival bid
Business Standard

MSE set to raise ₹120 crore in fresh revival bid

Parent firm of Groww, investment arm of Zerodha among investors

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2 mins  |
December 26, 2024
Business Standard

Cheap Chinese imports cloud steel outlook

The domestic steel industry could face several stresses in the near-to-medium term.

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3 mins  |
December 26, 2024
Stock Market Investor Count Nears 110 Mn
Business Standard

Stock Market Investor Count Nears 110 Mn

40% of them under 30 years, women 24%

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1 min  |
December 26, 2024