TryGOLD- Free

Business Standard  Cover - February 18, 2025 Edition
Gold Icon

Business Standard - February 18, 2025Add to Favorites

Go Unlimited with Magzter GOLD

Read Business Standard along with 9,000+ other magazines & newspapers with just one subscription  View catalog

1 Month $9.99

1 Year$99.99 $49.99

$4/month

Save 50%
Hurry, Offer Ends in 11 Days
(OR)

Subscribe only to Business Standard

1 Year $25.99

Buy this issue $0.99

Gift Business Standard

7-Day No Questions Asked Refund7-Day No Questions
Asked Refund Policy

 ⓘ

Digital Subscription.Instant Access.

Digital Subscription
Instant Access

Verified Secure Payment

Verified Secure
Payment

In this issue

February 18, 2025

Govt plans to raise deposit insurance beyond ₹5 lakh

A proposal to increase deposit insurance is being considered and the finance ministry will notify it once the Cabinet takes a decision, said M Nagaraju, secretary, financial services, Ministry of Finance, on Monday.

Govt plans to raise deposit insurance beyond ₹5 lakh

1 min

India delivering 'good returns': FM on FII selloff

Choppy markets, dropping valuations make post-IPO exits via block deals challenging

2 mins

Trade deficit widens to nearly $23 billion in Jan as exports shrink

India's merchandise trade deficit widened to nearly $23 billion in January, compared with $16.5 billion a year earlier, as the value of exports dropped amid subdued demand for petroleum products and global economic uncertainties.

Trade deficit widens to nearly $23 billion in Jan as exports shrink

2 mins

Samsung vs union: High-stakes showdown in small factory town

Crucial negotiations tomorrow; workers threaten to lock factory gates

Samsung vs union: High-stakes showdown in small factory town

1 min

Anurag Mehrotra named JSW MG Motor India MD

Anurag Mehrotra, who was President and MD of Ford India between 2017 and 2021, has been appointed the Managing Director of JSW MG Motor.

1 min

Trai calls for separate network authorisation for telecom infra

The Centre should grant network authorisations under the Telecommunications Act, 2023 instead of entering into an agreement with telecom entities, Trai has recommended.

1 min

VW Tax Dispute: Customs Won't Stop Shipments

No consignment from Skoda Auto Volkswagen India has been or will be stopped following a tax demand notice of $1.4 billion served on the company for allegedly providing misleading information regarding its imports, the Customs department informed the Bombay High Court on Monday.

1 min

PE firms tap platform model to build scalable biz, boost efficiency

Private equity (PE) firms in India are increasingly leveraging the platform creation model to consolidate fragmented sectors, achieve economies of scale, and boost operational efficiency.

PE firms tap platform model to build scalable biz, boost efficiency

2 mins

Telcos hit back at Trai's latest spam norms

Say telemarketers, OTT communication platforms need to be regulated

Telcos hit back at Trai's latest spam norms

2 mins

Road ahead for Audi: New models, electric vehicles

Automaker says situation on the supply chain front has stabilised

Road ahead for Audi: New models, electric vehicles

3 mins

10% of orders placed through quick food delivery service

The ongoing conflict between food aggregators and restaurants has reignited the call for a third alternative. In an interview in Gurugram with Udisha Srivastav, ANSHOO SHARMA, cofounder and chief executive officer, Magicpin, discusses how the platform is positioning itself as that alternative with restaurant backing. He also gives insights on Magicpin's expansion and ONDC (open network for digital commerce) integration. Edited excerpts

2 mins

Tata Capital to issue green bonds, NCDs to raise ₹15K crore

Tata Capital, the Tata group's financial services firm, is planning to raise ₹15,000 crore ($1.72 billion) through debt including issuing green bonds and non-convertible debentures (NCDs).

Tata Capital to issue green bonds, NCDs to raise ₹15K crore

1 min

Texmaco to focus on non-wagon verticals

Company expects wagon order growth to moderate in near term

Texmaco to focus on non-wagon verticals

2 mins

NTPC to spend $62 bn on 30 Gw of N-power

State power company NTPC is looking to build 30 gigawatts (Gw) of nuclear power capacity over the next two decades, three times more than expected, at a cost of $62 billion, three sources said.

1 min

India Hopeful US Will Address Tariff Concerns

India is hopeful that the US will \"take care\" of its concerns regarding additional import levies on steel and aluminum, and the proposed reciprocal tariffs during the bilateral trade agreement (BTA) discussions that are expected to begin in the next few weeks.

2 mins

RBI Cautioned on High Rates Charged by NBFCs

The 25 basis points reduction in repo rate will directly benefit 79 percent of consumers who have floating rates, says Rishi Anand, managing director and chief executive officer (MD & CEO) of Aadhar Housing Finance. In an interview in New Delhi, Anand told Harsh Kumar that he expects growth rates of 20-22 percent in assets under management and 18-20 percent in disbursement in the financial year 2025-26 (FY26) for the non-banking financial company. Edited excerpts:

RBI Cautioned on High Rates Charged by NBFCs

2 mins

Nearly ₹1 trn unspent welfare funds lying in states' accounts

Funds to the tune of ₹1 trillion for centrally sponsored schemes are lying unspent in the single nodal agency (SNA) accounts of states.

1 min

Govt weighs LPG subsidy for OMCs as losses mount

As cooking gas underrecoveries soar, Centre considers ₹40K cr mid-yr payout

Govt weighs LPG subsidy for OMCs as losses mount

2 mins

Tanzania in talks with India to adopt LPG subsidy structure

Tanzania, India's second-largest trading partner in Africa, is in talks with the government to adopt the country's LPG subsidy mechanism to promote clean cooking, said its Deputy Prime Minister and Energy Minister Doto Mashaka Biteko.

2 mins

UN Global Compact Network India Celebrates Sustainable Business Practices at the Inaugural Forward Faster Sustainability Awards 2025

The UN Global Compact Network India (UN GCNI) hosted the prestigious Forward Faster Sustainability Awards 2025 at The Leela Palace, Chennai, celebrating businesses that are driving measurable progress towards the UN Sustainable Development Goals (SDGs).

UN Global Compact Network India Celebrates Sustainable Business Practices at the Inaugural Forward Faster Sustainability Awards 2025

2 mins

Petro product shipment fall weighs on overall exports

\"Volatility makes it difficult for holders to find value and exit\"

2 mins

Stampedes Put Focus on Crowd Management

Official records show that 48 people died in two incidents of stampede in a span of just one-and-a-half month in the new year.

Stampedes Put Focus on Crowd Management

1 min

RBI's MPC, supply side measures working in sync for growth: FM

Therefore, the government has taken several measures in the past few years for rationalisation of Custom duties.

RBI's MPC, supply side measures working in sync for growth: FM

2 mins

Entire ₹1,432 cr claims settled by deposit insurer in FY24 were for co-op banks

The Deposit Insurance and Credit Guarantee Corporation (DICGC) settled claims worth ₹1,432 crore in the financial year 2023-24 (FY24), the entire amount being for cooperative banks, Reserve Bank of India (RBI) data showed.

Entire ₹1,432 cr claims settled by deposit insurer in FY24 were for co-op banks

1 min

Committed to resolving dispute through 'collective agreement': Samsung India

Beyond that, this belt—just 50 kilometres from Chennai—houses over 600 manufacturing facilities, including those of Hyundai, Foxconn, and Saint-Gobain, forming a crucial node in the region's industrial economy.

Committed to resolving dispute through 'collective agreement': Samsung India

2 mins

Pvt insurers asked to raise free-look period to 1 year

This means policies can be cancelled without paying charges in that period

Pvt insurers asked to raise free-look period to 1 year

2 mins

Odisha CM Presents Budget with Focus on Agri

Odisha Chief Minister Mohan Charan Majhi on Monday presented a ₹2.90 trillion state Budget for FY26 with a focus on agriculture and irrigation.

1 min

Rahul Dissents as Panel Finalizes Name of Next CEC

The Congress on Monday asked the government to defer its decision on the new chief election commissioner (CEC) till the Supreme Court hearing on a petition challenging the constitution of the selection panel.

1 min

Yamuna cleanup, air quality boost may top Day 1 agenda

The first meeting of Delhi's council of ministers is expected to approve key initiatives, including cleaning and beautifying the Yamuna river, expediting stalled infrastructure projects, enhancing forest cover and air quality, approving a ₹2,500 monthly allowance for women, and implementing the Ayushman Bharat scheme.

Yamuna cleanup, air quality boost may top Day 1 agenda

1 min

Customs should not take action when redemption application pending with DGFT

In respect of several advance authorisations issued to us, we have completed the EO and submitted redemption applications to the DGFT.

Customs should not take action when redemption application pending with DGFT

2 mins

New skilling policy to focus on tapping global demand

A New Chapter

New skilling policy to focus on tapping global demand

2 mins

Israel, US can't do 'a damn thing' against Tehran: Iran

Iran said on Monday that US and Israeli threats against it were a blatant violation of international law and that they could not \"do a damn thing\" to hurt Tehran.

Israel, US can't do 'a damn thing' against Tehran: Iran

1 min

Hamas' military chief killed in Israeli drone strike

An Israeli drone strike in southern Lebanon on Monday killed the head of Hamas' military operations in the country, Israel's army said.

1 min

Bafta 2025: ‘All We Imagine As Light’ Loses to ‘Emilia Pérez’

Payal Kapadia's critically acclaimed movie ‘All We Imagine As Light’ lost out the Bafta in the Best Film Not in the English Language category to French title ‘Emilia Pérez’.

1 min

AI's brain fog? Study reveals chatbots are getting forgetful over time

Artificial intelligence (AI) has long been hailed as the future, with chatbots and large language models (LLMs) increasingly stepping in to simplify complex diagnoses, provide coding solutions, and more.

AI's brain fog? Study reveals chatbots are getting forgetful over time

2 mins

UK PM Starmer offers troops for peacekeeping

US secretary of state will hold talks with Russian foreign minister in Saudi capital today; Zelenskyy says can't recognise any pact 'about us without us'

2 mins

Xi Holds Rare Meet With Top Business Leaders

President Xi Jinping held a rare meeting on Monday with some of the biggest names in China's technology sector, such as Alibaba founder Jack Ma, urging them to \"show their talent\" and be confident in the power of China's model and market.

Xi Holds Rare Meet With Top Business Leaders

1 min

Natural allies in the Global South

Indonesian President Prabowo Subianto's visit as chief guest at India's Republic Day parade underlined, India shares deep-rooted cultural, economic and political ties with this populous south-east Asian neighbour.

Natural allies in the Global South

3 mins

RBI's Conflicting Objectives

Since November last year, the Reserve Bank of India (RBI) has allowed the rupee to weaken against the dollar, ending the effective peg that it had maintained for nearly two years.

RBI's Conflicting Objectives

3 mins

Reviving manufacturing growth

Ensuring manufacturing growth consistent with our development aims requires the government becoming less entrepreneurial and the corporations becoming much more entrepreneurial

Reviving manufacturing growth

5 mins

World trade at risk

Donald Trump's drive for reciprocity will undermine trade

2 mins

State debt dynamics

Strict fiscal rules needed to reverse fiscal disparities

2 mins

₹1,400 cr. Industrial Push: MP Targets Jobs, Growth & Global Investors

Aims at generating 20 lakh jobs in five years and increase GDP to ₹6 lakh crore by 2030

₹1,400 cr. Industrial Push: MP Targets Jobs, Growth & Global Investors

1 min

A Case Of Kilos

Global pharma majors are looking to cash in on India's obesity crisis, but weight-loss drugs demand time and money

A Case Of Kilos

5 mins

AI for a Viksit Bharat: Paris to Delhi via Washington

Two significant developments last week underscore how progress in artificial intelligence (AI) has become the central focus of tech-diplomacy with India standing at the crossroads.

AI for a Viksit Bharat: Paris to Delhi via Washington

4 mins

Lack of snow: Winter games in Kashmir delayed

India postponed its national winter games on Monday citing a lack of snow in the northern Kashmir territory's ski resort of Gulmarg, where the event was to be held this month.

1 min

Influencer ethics council moves to restore trust

Panel's next meeting scheduled on April 12 in Mumbai to set industry benchmarks

Influencer ethics council moves to restore trust

2 mins

Cheaper indirect routes pull Indian flyers away from direct Europe flights

India is losing out on traffic to Europe on direct flights, as major hubs in West Asia and some in Europe offer lower fares for reaching cities like London, Paris, Frankfurt, Amsterdam, Istanbul, and Milan indirectly through their hubs.

Cheaper indirect routes pull Indian flyers away from direct Europe flights

1 min

Top private hospitals plan capacity expansion with focus on oncology

Booster Dose

Top private hospitals plan capacity expansion with focus on oncology

2 mins

Sebi issues T&Cs for clients of investment advisors

The Securities and Exchange Board of India (Sebi) has mandated investment advisors (IAs) and research analysts (RAs) to disclose and obtain client consent on a more detailed set of terms and conditions (T&Cs), known as the Most Important Terms and Conditions (MITC).

1 min

Novelis outlook to improve in near term

Hindalco Industries' consolidated results for third quarter of financial year 2025 (Q3FY25) were in line with Bloomberg consensus estimates.

3 mins

Sebi to weigh in on MF-insurance hybrid

JanNivesh launch: Buch signals Sebi review, SBI MF scraps fees to push micro SIPs

Sebi to weigh in on MF-insurance hybrid

1 min

Sensex, Nifty reverse 8-day losing streak

Indian equity benchmarks reversed their eight-day losing streak on Monday, driven by buying interest in heavyweight stocks such as HDFC Bank and Reliance Industries.

Sensex, Nifty reverse 8-day losing streak

1 min

GIFT City spillover gives Ahmedabad trading push

Share of stock market activity of city up 10x since FY20

GIFT City spillover gives Ahmedabad trading push

2 mins

More Misses Than Hits for India Inc

Q3 earnings upgrade-to-downgrade ratio worst in 22 quarters: MOFSL

More Misses Than Hits for India Inc

1 min

Smallcaps in free fall: More pain ahead?

Meltdown raises concerns of a full-blown capitulation

Smallcaps in free fall: More pain ahead?

2 mins

Read all stories from Business Standard

Business Standard Newspaper Description:

Publisher: Business Standard Private Ltd

Category: Newspaper

Language: English

Frequency: Daily

Business Standard is India's leading business daily.
A preferred choice of serious business readers, Business Standard is acknowledged as a quality leader.

Business Standard stands for reporting that stresses accuracy and credibility, commentary that is informed, independent and fair, and journalism that is rooted in ethical conduct and defined by a sacrosanct bond with the reader. All Business Standard journalists sign on to a code of conduct that is available on the website.

Business Standard's editorial team is led by Shyamal Majumdar.

The English newspaper is published from 12 centers - New Delhi, Mumbai, Kolkata, Bengaluru, Chennai, Ahmedabad, Hyderabad, Chandigarh, Lucknow, Pune, Kochi and Bhubaneswar. It is also printed from Bhopal.

The Hindi Business Standard is published from eight centres - New Delhi, Mumbai, Kolkata, Patna, Lucknow, Bhopal, Chandigarh and Raipur.

  • cancel anytimeCancel Anytime [ No Commitments ]
  • digital onlyDigital Only

We use cookies to provide and improve our services. By using our site, you consent to cookies. Learn more