CATEGORIES

Record govt jobs given in 18 mths: PM
Business Standard

Record govt jobs given in 18 mths: PM

Prime Minister Narendra Modi on Monday said his government had provided nearly 1 million permanent government jobs to youths in the last one or one and a half years which, he asserted, is a record.

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1 min  |
December 24, 2024
'Want to grow better than industry but mindful of the quality of business'
Business Standard

'Want to grow better than industry but mindful of the quality of business'

With the general insurance industry seeing a slowdown, SBI General Insurance Managing Director and Chief Executive Officer NAVEEN CHANDRA JHA spoke with Subrata Panda and Aathira Varier in Mumbai about how the company has managed to grow above the industry and its strategies for navigating the current challenges. Edited excerpts:

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2 mins  |
December 24, 2024
B'desh seeks extradition of Sheikh Hasina
Business Standard

B'desh seeks extradition of Sheikh Hasina

India confirms receiving communication

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1 min  |
December 24, 2024
No drawback and Rodtep against export of services
Business Standard

No drawback and Rodtep against export of services

We are manufacturers and exporters of chemical equipments. One of our new customers has asked us to not only supply the goods but also install them and conduct a trial run, so that they will be satisfied that the equipments work well.

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2 mins  |
December 24, 2024
Business Standard

Uttarakhand to be fully organic in two years: State minister

Uttarakhand will become the newest fully organic state in the next two years as its 62 of the total 95 blocks have become organic, of which 47 blocks have already been certified as organic, Cooperative and Education Minister Dhan Singh Rawat said on Monday.

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1 min  |
December 24, 2024
INDIA'S YOUNG LAWMAKERS DON'T HAVE THE NUMBERS
Business Standard

INDIA'S YOUNG LAWMAKERS DON'T HAVE THE NUMBERS

In the first Lok Sabha elections in 1951-52, the average age of Members of Parliament (MP) was 46.5. As many as 82 MPs were below the age of 35, the highest such number in history and meaning that almost one in every six of them was under 35. It was the second youngest Lok Sabha. The House has aged.

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1 min  |
December 24, 2024
Centre may expand rare disease care network
Business Standard

Centre may expand rare disease care network

2-3 new Centres of Excellence likely to join the existing 12

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2 mins  |
December 24, 2024
Business Standard

Non-life insurers back in green

Net profit of life insurers rose 11% in FY24; pvt sector life insurers clocked 15% growth in premium

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2 mins  |
December 24, 2024
Falling fertility rate points to eventual decline in India's population
Business Standard

Falling fertility rate points to eventual decline in India's population

The fertility rate was slightly above the replacement level of 2.1, which is the rate at which the population stabilises over time.

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3 mins  |
December 24, 2024
Business Standard

₹ hits new low of 85.12 vs $

The rupee hit a new low of 85.12 per dollar on Monday due to month-end demand for dollars among importers and tracking weakening of the Chinese Yuan, said dealers.

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1 min  |
December 24, 2024
Business Standard

Event organisers to receive ITC benefits

The Goods and Services Tax (GST) Council has decided to classify the supply of sponsorship services provided by corporate bodies under the forward charge mechanism (FCM), under which the supplier of service pays indirect tax.

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2 mins  |
December 24, 2024
Business Standard

Oil, gas producers may seek uniform taxes across blocks

Relief from state levies among other demands

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2 mins  |
December 24, 2024
Business Standard

IITs see rise in Ph-I placement offers

With the Phase-I of placement season over in most Indian Institutes of Technology (IITs), institutes have recorded a rise in the number of offers, including pre-placement offers (PPOs) and international job offers, from last year's figures.

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1 min  |
December 24, 2024
OrbitAID's patented tech clears zero-gravity test
Business Standard

OrbitAID's patented tech clears zero-gravity test

OrbitAID Aerospace, an Indian space startup that is working on refuelling of satellites in space, has claimed to have successfully tested its patented Standard Interface for Docking and Refueling (SIDRP) on a zero-gravity flight in Florida.

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1 min  |
December 24, 2024
Business Standard

EPACK Prefab raises $20 mn from GEF Capital Partners

EPACK Prefab, which provides solutions for pre-engineered building (PEB), prefabricated modular structures and insulation products, said it has raised $20 million in its first funding round from GEF Capital Partners, a leading global private equity fund.

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1 min  |
December 24, 2024
Business Standard

Razorpay announces ESOPs of ₹1 lakh each for all 3K employees

Fintech unicorn Razorpay on Tuesday announced that it was offering employee stock ownership plan (ESOP) worth ₹1 lakh each to all its existing employees to mark its one decade in operations.

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1 min  |
December 24, 2024
Business Standard

Waaree Energies okays investment worth ₹850 crore

Waaree Energies Ltd on Monday said its board has approved three investment proposals aggregating ₹850 crore to set up electrolyser and storage cell manufacturing facilities.

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1 min  |
December 24, 2024
Jio loses 3.76 mn users in Oct; Airtel adds 1.9 mn after 3 months of decline
Business Standard

Jio loses 3.76 mn users in Oct; Airtel adds 1.9 mn after 3 months of decline

(Vi) lost 1.97 million users in October, the highest in the past four months. Among private telcos, Vi had lost the most subscribers for two years till June, when it had lost 0.86 million users.

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1 min  |
December 24, 2024
Adani Defence to acquire MRO firm Air Works
Business Standard

Adani Defence to acquire MRO firm Air Works

Deal comes at a valuation of ₹400 crore

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1 min  |
December 24, 2024
Business Standard

ICAI prez: Disciplinary committee probing Byju's auditing 'lapses'

The Institute of Chartered Accountants of India (ICAI)'s disciplinary committee is looking into auditing lapses at edutech firm Byju's on the recommendation of the Institute's disciplinary directorate, ICAI President Ranjeet Kumar Agarwal told reporters on Monday.

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1 min  |
December 24, 2024
Business Standard

Exports, domestic demand to drive pharma growth

Healthy exports and steady domestic demand will drive pharma growth.

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2 mins  |
December 24, 2024
Infibeam awaits nod to roll out RediffPay
Business Standard

Infibeam awaits nod to roll out RediffPay

Company has applied to NPCI for TPAP licence

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2 mins  |
December 24, 2024
Honda-Nissan merger talks' impact on India ops unclear
Business Standard

Honda-Nissan merger talks' impact on India ops unclear

Two Japanese automobile (auto) giants, Honda and Nissan, are moving towards a potential merger, but it remains unclear how their Indian operations will be immediately impacted.

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1 min  |
December 24, 2024
FMCG sees slowdown as food inflation bites hard
Business Standard

FMCG sees slowdown as food inflation bites hard

Urban, rural mkts feel pinch; volume growth stagnates, shows Kantar report

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2 mins  |
December 24, 2024
Switzerland-based TIL to invest ₹20,000 crore in Vadhvan Port Project
Business Standard

Switzerland-based TIL to invest ₹20,000 crore in Vadhvan Port Project

Terminal Investment Limited Sarl (TIL) has signed a memorandum of understanding (MoU) with the Jawaharlal Nehru Port Authority (JNPA), proposing to invest an estimated ₹20,000 crore for the construction of the Vadhvan Port Project.

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1 min  |
December 24, 2024
Population explosion or falling fertility rate?
Business Standard

Population explosion or falling fertility rate?

Over the past 25 years, India has become the most populous nation. But with fertility rate slowing, there are concerns that it may grow old before getting rich. The second part of the series explores India's demographic challenges

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1 min  |
December 24, 2024
FINANCE MINISTRY'S MID-YEAR REVIEW Govt sets FY26 focus on public spending, social security net
Business Standard

FINANCE MINISTRY'S MID-YEAR REVIEW Govt sets FY26 focus on public spending, social security net

Targets fiscal deficit 'lower than 4.5% of GDP'

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2 mins  |
December 24, 2024
Business Standard

Isro to study how crops grow in space

Demonstration of seed germination in outer space, a robotic arm to catch tethered debris there, and testing of green propulsion systems are some of the experiments planned on the POEM-4—the fourth stage of Isro's PSLV rocket that remains in orbit after launching a satellite.

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1 min  |
December 23, 2024
On offer: Deals for seniors in hotels
Business Standard

On offer: Deals for seniors in hotels

Tour operators, hospitality industry roll out customised options for a senior population keen to travel for leisure, adventure

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2 mins  |
December 23, 2024
Hotels expect further rise in room rates next year
Business Standard

Hotels expect further rise in room rates next year

After hotel room rates hit record highs in 2024, they are set to rise further in 2025 driven by a surge in demand of 7-8 per cent across segments.

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2 mins  |
December 23, 2024