CATEGORIES

Active largecap funds: A repeat victory in the making
Business Standard

Active largecap funds: A repeat victory in the making

More number of funds likely to beat the benchmark this year compared to 2023

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2 mins  |
December 26, 2024
A return to trend growth
Business Standard

A return to trend growth

After a blistering 8.2 per cent growth in gross domestic product (GDP) last financial year, India is now returning to its trend growth rate of 6.5-7 per cent.

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4 mins  |
December 26, 2024
Let's not miss the CPTPP bus
Business Standard

Let's not miss the CPTPP bus

In Trump 2.0's uncertain trade landscape, India must act now to secure its place in the open, rules-based, and potentially largest trade bloc in the world

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4 mins  |
December 26, 2024
Business Standard

Senior Security

India needs an affordable elder care ecosystem

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2 mins  |
December 26, 2024
Business Standard

Trade thrust

Export promotion requires consistent and open trade policy

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2 mins  |
December 26, 2024
Russia Attacks Ukraine on Xmas Day
Business Standard

Russia Attacks Ukraine on Xmas Day

Russia launched a massive missile and drone barrage targeting Ukraine's energy infrastructure on Wednesday, striking a thermal power plant and prompting Ukrainians to take shelter in metro stations on Christmas morning.

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1 min  |
December 26, 2024
Spending fight shows limits of Trump power to change fiscal path
Business Standard

Spending fight shows limits of Trump power to change fiscal path

When Elon Musk and Vivek Ramaswamy, the businessmen that President-elect Donald J. Trump tapped to lead his new Department of Government Efficiency, met with lawmakers in early December, they laid out their plans for cutting federal spending and eliminating waste.

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3 mins  |
December 26, 2024
China Approves VAT Law, to Take Effect in 2026
Business Standard

China Approves VAT Law, to Take Effect in 2026

China approved a value-added tax (VAT) law on Wednesday to take effect on January 1, 2026, the official Xinhua said, bringing into one document previous regulations that have included exempting items from the tax.

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1 min  |
December 26, 2024
Business Standard

Pakistani airstrikes killed 46 in Afghanistan, says Taliban

Afghan foreign ministry promises retaliation for 'irresponsible actions'

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2 mins  |
December 26, 2024
38 Dead as Russia-Bound Plane Crashes in Kazakhstan
Business Standard

38 Dead as Russia-Bound Plane Crashes in Kazakhstan

29 passengers survive the accident involving Azerbaijan Airlines flight

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1 min  |
December 26, 2024
Centre Planning to Shift Mgmt of ERF to CPCB from Jan 1
Business Standard

Centre Planning to Shift Mgmt of ERF to CPCB from Jan 1

The Centre is planning to transfer the administration of the Environment Relief Fund (ERF) Scheme from United India Insurance Company Limited (UIICL) to the Central Pollution Control Board (CPCB) starting January 1.

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2 mins  |
December 26, 2024
Cotton association seeks ₹500 crore for drip irrigation units
Business Standard

Cotton association seeks ₹500 crore for drip irrigation units

The Cotton Association of India (CAI), the premier trade body for the sector, has asked the government to provide budgetary support of ₹500 crore to help farmers set up drip irrigation facilities in their fields to boost yield.

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1 min  |
December 26, 2024
Fresh formal hirings fall to 7-month low in October
Business Standard

Fresh formal hirings fall to 7-month low in October

The monthly fresh formal hiring saw a sharp decline in October, signalling a downturn in the formal labour market during the month.

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1 min  |
December 26, 2024
Business Standard

Arunish Chawla named revenue secretary

1992-batch IAS officer replaces Economic Affairs Secretary Ajay Seth

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1 min  |
December 26, 2024
Rupee's real effective exchange rate up at 108.14 in Nov
Business Standard

Rupee's real effective exchange rate up at 108.14 in Nov

Nominal rise strong enough to outweigh impact of unfavorable price differences

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1 min  |
December 26, 2024
GDP Likely to Grow at 6.5% in FY25, FY26: EY
Business Standard

GDP Likely to Grow at 6.5% in FY25, FY26: EY

India's economy is likely to grow by 6.5 per cent in the current (FY25) and the next financial year (FY26), an EY report said, attributing lower than anticipated expansion in the September quarter to fall in private consumption expenditure and gross fixed capital formation.

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1 min  |
December 26, 2024
Share of own account enterprises on the rise
Business Standard

Share of own account enterprises on the rise

Highest in 'manufacturing', followed by 'other services'

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2 mins  |
December 26, 2024
FinMin rejects plan to establish body for procuring green steel
Business Standard

FinMin rejects plan to establish body for procuring green steel

Says most steel for projects is purchased indirectly through contractors rather than the govt

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3 mins  |
December 26, 2024
PPI wallets decline 20%, cards record 27% growth this year
Business Standard

PPI wallets decline 20%, cards record 27% growth this year

Paytm Payments Bank, Airtel Payments Bank drive drop in wallets in Jan-Nov

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1 min  |
December 26, 2024
Ola Electric Clocks 4,000-Store Milestone
Business Standard

Ola Electric Clocks 4,000-Store Milestone

Ola Electric on Wednesday said it now has 4,000 stores across the country, marking a fourfold jump from the earlier reported figure of 800 on December 2 of this month.

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1 min  |
December 26, 2024
IndiGo Eyes Early Induction of Wide-Body Planes in Fleet
Business Standard

IndiGo Eyes Early Induction of Wide-Body Planes in Fleet

Airline reportedly in talks with Norse Atlantic Airways to wet-lease six B787

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2 mins  |
December 26, 2024
Residential and commercial sectors to stand as pillars of resilience
Business Standard

Residential and commercial sectors to stand as pillars of resilience

The residential segment will remain largely steady, and the commercial segment will exhibit strong growth.

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2 mins  |
December 26, 2024
Business Standard

Health care sector seeks viable rates for govt schemes, hike in allocation

The health care sector has rolled out a robust wish-list for the upcoming Budget.

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1 min  |
December 26, 2024
Hospital chains make gains on improved efficiency, demand
Business Standard

Hospital chains make gains on improved efficiency, demand

India's private hospital sector in 2024 clocked single-digit growth in average revenue per occupied bed (ARPOB), helped by improved operations and advanced medical treatment.

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1 min  |
December 26, 2024
Ajinkya Rahane invests in Proxgy's Series A funding
Business Standard

Ajinkya Rahane invests in Proxgy's Series A funding

Proxgy, an Internet of Things (IoT) technology firm in areas such as safety, connectivity, and productivity solutions, said that cricketer Ajinkya Rahane has invested in its ongoing $3 million Series A funding round.

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1 min  |
December 26, 2024
Business Standard

Electronics Fastest-Growing Among Top 10 Export Items

With 28% growth in Apr-Nov of FY25, electronics exports now occupy third rank

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2 mins  |
December 26, 2024
India's manufacturing reality: An incomplete story
Business Standard

India's manufacturing reality: An incomplete story

To boost domestic factory production and capitalize on the global \"China Plus One\" strategy, which encourages multinational companies to reduce reliance on China, India needs a conducive ecosystem for manufacturing.

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4 mins  |
December 26, 2024
Business Standard

Just 15% Applicants Meet DVA Target for PLI-Auto

Only 12 of 82 approved applicants, or nearly 15 per cent, under the production-linked incentive scheme for the automobile and auto component industry (PLI-Auto) have achieved the mandated 50 per cent domestic value addition (DVA) target, according to data from the Ministry of Heavy Industries (MHI) as of December 20, 2024.

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1 min  |
December 26, 2024
Micro insurance premium in life segment tops ₹10K cr for first time
Business Standard

Micro insurance premium in life segment tops ₹10K cr for first time

In 2023-24, new business premium (NBP) in life insurance's micro-insurance segment, which targets low-income groups, surpassed ₹10,000 crore for the first time, according to the financial year's Annual Report by the Insurance Regulatory and Development Authority of India (Irdai).

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1 min  |
December 26, 2024
Customers may gain as high-end hotels get GST options on dining
Business Standard

Customers may gain as high-end hotels get GST options on dining

In a major change for the hospitality industry and in what could be a good news for diners, the Goods and Services Tax (GST) Council has decided to allow high-end hotels to choose between two indirect tax rates for restaurant services provided on their premises.

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2 mins  |
December 26, 2024