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Business Standard

Capital's great takeoff: Soaring to Washington's dollar sky

Domestic markets faced turbulence last week, with the S&P BSE Sensex falling by 5 per cent, marking its worst weekly decline since June 2022.

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1 min  |
December 23, 2024
CATCH OF THE DAY: PE/VC FUNDS REEL IN ₹1.13 TRILLION IN SHARE SALES
Business Standard

CATCH OF THE DAY: PE/VC FUNDS REEL IN ₹1.13 TRILLION IN SHARE SALES

Net big from small and midcap exits

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1 min  |
December 23, 2024
Nifty's Jenga stack shakes, 22,000 levels could topple it
Business Standard

Nifty's Jenga stack shakes, 22,000 levels could topple it

Tests 50-WMA—a level not breached since March 2023—after 200-DMA fall on Friday

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1 min  |
December 23, 2024
Hong Kong's billionaire dissident
Business Standard

Hong Kong's billionaire dissident

On the morning of August 10, 2020, scores of armed police arrived at the headquarters of Apple Daily, one of Hong Kong's most prominent pro-democracy newspapers.

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3 mins  |
December 23, 2024
'Shift to 12-13% growth will create a selective market'
Business Standard

'Shift to 12-13% growth will create a selective market'

Corporate India is transitioning from a period of exceptional earnings growth exceeding 25 per cent over the past two to three years to a more sustainable growth trajectory of 12-13 per cent over the next few years, says VINIT SAMBRE, head - equities at DSP Mutual Fund (MF). In an interview with Abhishek Kumar in Mumbai, Sambre explains how this shift will likely create a more selective market environment. Edited excerpts:

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3 mins  |
December 23, 2024
Business Standard

Outrunning the herd: A fund that defies the ordinary

[FUND PICK] ICICI PRUDENTIAL BLUECHIP FUND

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2 mins  |
December 23, 2024
Envisioning an India-US FTA
Business Standard

Envisioning an India-US FTA

There is a window of opportunity to deepen the relationship

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4 mins  |
December 23, 2024
Business Standard

Unsafe environment

India's factory floors remain hazardous

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2 mins  |
December 23, 2024
Mission on oilseeds needs more zeal
Business Standard

Mission on oilseeds needs more zeal

The government's recent decision to set up a National Mission on Edible Oils and Oilseeds to achieve self-reliance in edible oils in the next seven years does not inspire enough confidence in meeting the hitherto elusive objective.

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3 mins  |
December 23, 2024
Business Standard

For another day

Popcorn tax underscores the complexity of GST

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2 mins  |
December 23, 2024
Iran's regime in 'dire straits' as it faces energy crisis
Business Standard

Iran's regime in 'dire straits' as it faces energy crisis

Industries are forced to shut down due to the grim situation

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2 mins  |
December 23, 2024
Business Standard

Cease-and-desist order against Google in Japan on the cards

Japan's competition watchdog is expected to find Google guilty of violating the country's antitrust law, Nikkei Asia reported on Sunday, citing sources.

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1 min  |
December 23, 2024
Business Standard

German authorities received tipoffs last year about suspect

German authorities said they received tipoffs last year about the suspect in a car attack at a Christmas market in Magdeburg as more details emerged on Sunday about the five people killed.

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1 min  |
December 23, 2024
Deception and betrayal: Inside the final days of Assad regime
Business Standard

Deception and betrayal: Inside the final days of Assad regime

As rebels advanced toward the Syrian capital of Damascus on December 7, the staff in the hilltop Presidential Palace prepared for a speech they hoped would lead to a peaceful end to the 13-year civil war.

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2 mins  |
December 23, 2024
Emerging mkts battle a surging greenback
Business Standard

Emerging mkts battle a surging greenback

From Brazil to South Korea, emerging-market central banks are forming a line of defence as a rising dollar pushes their currencies to multi-year lows.

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2 mins  |
December 23, 2024
Trump threatens to retake control of Panama Canal
Business Standard

Trump threatens to retake control of Panama Canal

US President-elect demands lower transit fees

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1 min  |
December 23, 2024
We tried to close door that caused corruption
Business Standard

We tried to close door that caused corruption

In a telephonic interview with Aditi Phadnis, Himachal Pradesh Chief Minister SUKHVINDER SUKHU talks of rationalising power prices and subsidising the purchase of milk through sales of alcoholic products. He says the state's finances are back on track. Edited excerpts.

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3 mins  |
December 23, 2024
Reimagining land-pooling amid ground realities
Business Standard

Reimagining land-pooling amid ground realities

Madhya Pradesh's BJP government is revising its land-pooling policy, inspired by Gujarat, to boost industrial investment, benefit farmers, and address concerns over bypassing LARR's safeguards amid land-related conflicts. SANJEEB MUKHERJEE explains the issue

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3 mins  |
December 23, 2024
Business Standard

Thinking unmet

The Himachal Pradesh chief minister came with an array of ideas two years ago. But inaction on administration has been a hobbling factor, writes ADITI PHADNIS

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2 mins  |
December 23, 2024
Business Standard

NPS Vatsalya onboards 75K people since Sep launch

The National Pension Scheme (NPS) is trying to make itself accessible to individuals of all ages and its recently-launched NPS Vatsalya, for minors to secure their future, is making good progress as it has onboarded 75,000 people since its launch in September this year, Pension Fund Regulatory and Development Authority (PFRDA) Chairman Deepak Mohanty said on Saturday.

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1 min  |
December 23, 2024
Ahead of Budget, CII calls for reforms in PSL framework
Business Standard

Ahead of Budget, CII calls for reforms in PSL framework

The Confederation of Indian Industry (CII) has proposed significant reforms to India's priority sector lending (PSL) framework and suggested the inclusion of emerging and high-growth sectors like green initiatives and digital infrastructure to make it more aligned with the country's long-term developmental goals and evolving economic priorities.

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1 min  |
December 23, 2024
Yields on AAA-rated corporate bonds trail SDLs in long tenors
Business Standard

Yields on AAA-rated corporate bonds trail SDLs in long tenors

State bond yields have been trading higher than AAA-rated public sector undertaking (PSU) bonds for maturities of 10 years and beyond, data showed.

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2 mins  |
December 23, 2024
Retail prices of 65 new drugs fixed
Business Standard

Retail prices of 65 new drugs fixed

The National Pharmaceutical Pricing Authority (NPPA) has fixed retail prices for 65 new drug formulations and notified ceiling price fixation of 13 formulations.

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2 mins  |
December 23, 2024
Solar power producers denied import duty deferral
Business Standard

Solar power producers denied import duty deferral

The government, through a notification issued under Section 65(1) of the Customs Act, 1962 (CA 62), has prospectively legitimised the administrative bar on import, without payment of customs duties under the scheme for manufacture in a bonded warehouse, of goods for solar power generation projects which supply electricity.

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2 mins  |
December 23, 2024
Separate GST rate for caramelised popcorn draws economists' ire
Business Standard

Separate GST rate for caramelised popcorn draws economists' ire

FM said items with added sugar have even higher GST

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2 mins  |
December 23, 2024
Oil & gas CPSEs may top IEBR capex target in FY25
Business Standard

Oil & gas CPSEs may top IEBR capex target in FY25

More than 145 projects worth ₹100 crore and above under implementation

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1 min  |
December 23, 2024
Many newcomers to UPI party but top 2's share remains intact
Business Standard

Many newcomers to UPI party but top 2's share remains intact

20 third-party apps got nod in 2024, most since UPI launch

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2 mins  |
December 23, 2024
Sprint towards 500 Gw of green energy goal
Business Standard

Sprint towards 500 Gw of green energy goal

India's power sector is prioritizing climate-transition goals, where a supportive ecosystem of energy storage, transmission connectivity and supply chain is now being created holistically.

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1 min  |
December 23, 2024
VC investments hit $16.7 billion this yr powered by tech sector
Business Standard

VC investments hit $16.7 billion this yr powered by tech sector

Venture capital (VC) activity in India between January and November 2024 recorded a total value of $16.77 billion across 888 deals, a 14.1 percent increase in value and a 21.8 percent rise in deal count compared with $14.69 billion across 729 deals during the same period in 2023, according to Bloomberg data.

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2 mins  |
December 23, 2024
Business Standard

Four OEMs line up to make e-ambulances

Four major original equipment manufacturers (OEMs), including Force Motors, Maruti Suzuki, Mahindra & Mahindra, and Switch Mobility, have expressed interest in developing electric ambulances (e-ambulance) under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme.

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2 mins  |
December 23, 2024