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Business Standard

India to step on to global fashion runway

Country's luxury retail market sales set to rise by 15-20% in 2025: McKinsey survey

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2 mins  |
November 15, 2024
Business Standard

Qcom firms flouting domestic laws: CAIT

Top 3 companies got ₹54K cr FDI but used only ₹1.3K cr lawfully

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1 min  |
November 14, 2024
AI may create 2.73 mn jobs in India by 2028
Business Standard

AI may create 2.73 mn jobs in India by 2028

Amid intense debates over artificial intelligence (AI) and generative AI (GenAI) causing job loss going forward, a study by ServiceNow, in collaboration with Pearson, has projected that AI could actually drive employment growth, creating an estimated 2.73 million jobs in India by 2028.

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1 min  |
November 14, 2024
Business Standard

Child insurance: Waiver of premium can help secure education goal

Vineet Kumar (name changed on request), a 32-year-old Faridabad-based advertising executive, is the father of a one-year-old. While he finds fatherhood fulfilling, he admits to certain anxieties. \"I do sometimes worry about what would happen to my child if I am not around,\" says Kumar.

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2 mins  |
November 14, 2024
More appetite for Swiggy than Zomato in long term
Business Standard

More appetite for Swiggy than Zomato in long term

Brokerages bullish on its shares, give 'buy' rating to stock

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2 mins  |
November 14, 2024
Business Standard

F&O segment gets 45 additions

The stock exchanges on Wednesday announced the addition of 45 stocks in the new list of scrips eligible for trading in the futures and options (F&O) segment, including Zomato, Jio Financial, Paytm, Delhivery, and Avenue Supermarts.

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1 min  |
November 14, 2024
Expansion, operational gains a positive for Hindalco
Business Standard

Expansion, operational gains a positive for Hindalco

Consolidated net sales of Hindalco Industries stood at ₹58,200 crore, up 7 per cent year on year (Y-o-Y) and 2 per cent quarter on quarter (Q-o-Q) in the second quarter of the current financial year (Q2FY25), with better realisations and efficiencies in India.

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2 mins  |
November 14, 2024
Market regulator bats for easing angel fund norms
Business Standard

Market regulator bats for easing angel fund norms

Market regulator Securities and Exchange Board of India (Sebi) may soon allow angel funds to expand the scope of investors by including Hindu undivided families (HUFs), family trusts, and sole proprietorships, among others.

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1 min  |
November 14, 2024
Business Standard

Sebi takes up review of custodian norms

Capital market regulator Securities and Exchange Board of India (Sebi) has proposed measures to ease operations and compliance by custodians — entities which manage foreign portfolio investors (FPIs).

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1 min  |
November 14, 2024
FMCG sector's defensive cloak feels tear of market forces
Business Standard

FMCG sector's defensive cloak feels tear of market forces

The fast-moving consumer goods (FMCG) sector is losing its status as a defensive sector.

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2 mins  |
November 14, 2024
Sebi mulls action for lapses in AI usage
Business Standard

Sebi mulls action for lapses in AI usage

The Securities and Exchange Board of India (Sebi) on Wednesday proposed norms to specify responsibilities on its registered entities like mutual funds, stock brokers and market infrastructure institutions (MIIs) for the use of artificial intelligence (AI) and machine learning (ML) tools.

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1 min  |
November 14, 2024
FPI-FDI transition to give overseas funds more elbow room
Business Standard

FPI-FDI transition to give overseas funds more elbow room

To pave way for higher exposure to startups, midsized firms

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2 mins  |
November 14, 2024
WHAT'S COOKING IN KHARIF?
Business Standard

WHAT'S COOKING IN KHARIF?

As the harvest gains momentum in this season of high food inflation, what's in store for crop prices?

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5 mins  |
November 14, 2024
10 flights diverted at Delhi airport as smog blankets city
Business Standard

10 flights diverted at Delhi airport as smog blankets city

National capital's AQI hits 'severe' for 1st time this season

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1 min  |
November 14, 2024
Israel-Palestine: Two people, one state
Business Standard

Israel-Palestine: Two people, one state

More than a year since it began, the latest assault on the Palestinian people by the Israeli Defence Forces continues unabated and has since engulfed four neighbouring countries.

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3 mins  |
November 14, 2024
Business Standard

Inflation and growth

Demand slowdown can increase policy complexity

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2 mins  |
November 14, 2024
Business Standard

Delivering returns

Swiggy will have to convert growth into profitability

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2 mins  |
November 14, 2024
The elusive concept of cooperative federalism
Business Standard

The elusive concept of cooperative federalism

Much as India desires the existence of cooperative federalism, what it often witnesses is competition

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4 mins  |
November 14, 2024
The fleeting glamour of Indian aviation
Business Standard

The fleeting glamour of Indian aviation

On November 7, the Supreme Court passed an order liquidating Jet Airways, three decades after it took wing and raised the bar on service standards in domestic aviation.

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3 mins  |
November 14, 2024
Trump, Biden discuss power transfer in White House meet
Business Standard

Trump, Biden discuss power transfer in White House meet

President-elect Donald Trump returned to the White House on Wednesday for the first time since winning last week's election and sat down for talks about the looming transfer of power with longtime political rival President Joe Biden.

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1 min  |
November 14, 2024
Abu Dhabi's $1 trillion fund rejigs strategy to speed up deals
Business Standard

Abu Dhabi's $1 trillion fund rejigs strategy to speed up deals

Abu Dhabi's $1 trillion wealth fund is embracing a more scientific approach to investing, leaning more on its own quant team to speed up decision-making as it seeks to bolster returns.

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2 mins  |
November 14, 2024
Business Standard

Seven & i mulls going private in $58 bn buyout, Japan's biggest

Seven & i Holdings is considering a management buyout to take itself private with funding from banks, Itochu Corp and the founding Ito family in a transaction that could be worth around ¥9 trillion ($58 billion), people with knowledge of the matter said.

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1 min  |
November 14, 2024
Musk, Ramaswamy in Trump's lineup
Business Standard

Musk, Ramaswamy in Trump's lineup

Duo will lead new Department of Government Efficiency tasked with eliminating fraud, improper payments

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2 mins  |
November 14, 2024
Business Standard

Nvidia's new AI chip gets its first customer

SoftBank's Japanese telecoms unit will receive the first chips using Nvidia's latest Blackwell design for its supercomputer, the California-based chip designer said, as Masayoshi Son looks to ride the artificial intelligence (AI) boom.

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1 min  |
November 14, 2024
Fed may proceed with caution as US inflation rises to 2.6% in October
Business Standard

Fed may proceed with caution as US inflation rises to 2.6% in October

A measure of underlying US inflation remained firm in October, underscoring the ongoing risks Federal Reserve officials face in trying to bring price pressures fully under control.

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1 min  |
November 14, 2024
Business Standard

Centre may urge states to cut delay in formation of finance commissions

Today's meet may focus on facilitating dialogue to enhance efficiency of SFCs

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1 min  |
November 14, 2024
'Wholly unconstitutional': SC rules on bulldozer justice
Business Standard

'Wholly unconstitutional': SC rules on bulldozer justice

Apex court says 'executive cannot become a judge'

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3 mins  |
November 14, 2024
Nearly 65% turnout recorded in first phase of Jharkhand polls
Business Standard

Nearly 65% turnout recorded in first phase of Jharkhand polls

A voter turnout of 64.95 per cent was recorded until 7 pm in 43 of the 81 assembly constituencies in Jharkhand where polling was held in the first phase on Wednesday.

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1 min  |
November 14, 2024
Business Standard

GenAI to add up to $438 bn to GDP by FY30: RBI DG Patra

Forecasts indicate that generative artificial intelligence (AI) could add between $359 billion and $438 billion to India's GDP by 2029-30, said Michael Debabrata Patra, Deputy Governor of Reserve Bank of India (RBI) on Wednesday.

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1 min  |
November 14, 2024
Business Standard

'SBI, HDFC, ICICI systemically important banks'

State Bank of India, HDFC Bank, and ICICI Bank have been named as Domestic Systemically Important Banks (D-SIBs) by the Reserve Bank of India.

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1 min  |
November 14, 2024