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Business Standard

Attrition in th banks improving, but long way to go: Swaminathan

Attrition rate in private banks has improved over last financial year, but there is a long way to go in retaining talent, RBI's Deputy Governor Swaminathan J said in Mumbai.

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1 min  |
November 20, 2024
'Lending rate cut still some time away'
Business Standard

'Lending rate cut still some time away'

SBI MD says banks would look for monetary policy stance ancl policy rate action to decide actions

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2 mins  |
November 20, 2024
Business Standard

PLI subsidy payouts remain in slow lane

The pace of subsidy payout to eligible companies under the production-linked incentive (PLI) scheme continues to remain in the slow lane even as the governments flagship scheme to boost manufacturing entered its fourth year in the financial year 2024-2025 (FY25).

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1 min  |
November 20, 2024
Business Standard

India falls short of meeting 2023 G20 average goal

India achieved 72 per cent of the commitments outlined at the New Delhi Summit, falling short of the G20 average of 85 per cent, according to the University of Toronto's G20 Research Group.

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1 min  |
November 20, 2024
Business Standard

Russian President Putin may visit India next year

Russian President Vladimir Putin (pictured) may visit India next year as part of a laid-down structure between the two countries for reciprocal annual visits by their leaders, sources said on Tuesday.

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1 min  |
November 20, 2024
Business Standard

Govt should boost soil nutrients to maintain yields, say scientists

India will have to supplement crucial nutrients in its soils through large dosages of organic manure if it wants to maintain the average crop yields, as being a tropical country its percentage of organic carbon in soil is less than one, according to scientists gathered at the Global Soil Conference here on Tuesday to address challenges related to soil health.

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1 min  |
November 20, 2024
FTA negotiations with UK to resume next year
Business Standard

FTA negotiations with UK to resume next year

India and the United Kingdom (UK) will relaunch in the new year talks for a free trade agreement (FTA), following months of pause due to general elections in both countries, according to a statement from the UK government.

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2 mins  |
November 20, 2024
Middle income, affordable housing book is growing fast
Business Standard

Middle income, affordable housing book is growing fast

Delhi-based Tourism Finance Corporation of India (TFCI), a non-banking financial institution, is aiming to diversify and plans to keep 25 per cent of its portfolio for construction and affordable housing segment, said ANOOP BALI, managing director (MD) & chief financial officer (CFO) of TFCI in an interview with Harsh Kumar.

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2 mins  |
November 20, 2024
PMAY-G survey to use 'face recognition' tools to identify new beneficiaries
Business Standard

PMAY-G survey to use 'face recognition' tools to identify new beneficiaries

A fresh survey to identify a minimum of eight million new beneficiaries of the flagship rural housing scheme, in addition to the 12 million already identified, will use the latest face-recognition tools to minimise gaps, a senior official said on Tuesday.

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1 min  |
November 20, 2024
Business Standard

India fastest-growing emerging mkts: Airbnb

India is one of the fastest-growing emerging markets for Airbnb, a top company executive said on Tuesday.

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1 min  |
November 20, 2024
Smartphone PLI rings in record electronics exports
Business Standard

Smartphone PLI rings in record electronics exports

Electronics exports reached the highest-ever mark of $19.1 billion within a seven-month period of any financial year, at the end of October 2024. This is a 24 per cent growth over the $15.4 billion export figure for the sector during the same period in the last financial year, according to the latest government data.

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1 min  |
November 20, 2024
Birla Opus adds fresh coat to raise capacity
Business Standard

Birla Opus adds fresh coat to raise capacity

Commences operations of 4th plant; becomes second-largest decorative paints player

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1 min  |
November 20, 2024
Karnataka rolls out GCC framework, skilling initiatives
Business Standard

Karnataka rolls out GCC framework, skilling initiatives

Three dedicated global innovation districts to be set up

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1 min  |
November 20, 2024
Business Standard

Subsidy for cargo e-3Ws restored, but halved to ₹25K

The central government has decided to restore the subsidy for cargo electric three-wheelers (e-3Ws) for the remaining part of financial year 2025, but with a reduced rate.

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1 min  |
November 20, 2024
Business Standard

Tafe, AGCO claim HC relief in brand dispute

Chennai-based Tractors and Farm Equipment (Tafe) and AGCO said on Tuesday that a Madras High Court had favored them in their dispute about the Massey Ferguson tractor brand, citing an order to maintain \"status quo\".

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1 min  |
November 20, 2024
°Wind energy at its peak, With 8 more yrs of growth,
Business Standard

°Wind energy at its peak, With 8 more yrs of growth,

After a financial turnaround ancl achieving a debt-free status' Suzlon Energy is focused on driving financial growth. J P CHALASANI, group chief executive officer of Suzlon, speaks with Jaden Mathew Paul in Mumbai about the prospects ofthe Indian wind energy sector' opportunities in defence and railways, and Suzlon's strategies to maintain its leadership. Edited excerpts:

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2 mins  |
November 20, 2024
Business Standard

Adani Infra to pick 30% stake in PSP Projects

Adani Infra (India) Limited has signed a pact to acquire a 30 per cent stake in construction company PSP Projects Limited from its existing promoters for ₹685 crore in an all-cash deal.

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1 min  |
November 20, 2024
Business Standard

Flipkart's BBD lifts Walmart global sales

US-based retail giant Walmart on Tuesday said its international sales in the third quarter got a boost from the 'Big Billion Days' sales event by its Indian e-commerce arm Flipkart.

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1 min  |
November 20, 2024
Business Standard

4.8mn weddings mean business after lacklustre months

The wedding season is in full swing, and an estimated 4.8 million couples are expected to tie the knot before the year draws to a close.

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3 mins  |
November 20, 2024
Meta to appeal against CCI penalty, diktat on data share
Business Standard

Meta to appeal against CCI penalty, diktat on data share

Menlo Park (California)-headquartered Meta Platforms on Tuesday opposed the ₹213-crore penalty imposed by the Competition Commission of India (CCI) along with a cease-and-desist directive that clamped down on data-sharing. Meta said it would appeal against the move.

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3 mins  |
November 20, 2024
Businesses gasp as Delhi's bad air chokes demand
Business Standard

Businesses gasp as Delhi's bad air chokes demand

The rising level of pollution in Delhi and surrounding areas has started affecting businesses in the national capital, with fewer people choosing to visit markets, malls and restaurants.

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1 min  |
November 20, 2024
Rio statement echoes New Delhi declaration on climate financing
Business Standard

Rio statement echoes New Delhi declaration on climate financing

GZO leaders call forceaseflre in Gaza and Lebanon, peace in Ukraine

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1 min  |
November 20, 2024
Business Standard

Russia-Ukraine flare-up limits market recovery

Nifty, Sensex end losing streak but give up most of their intraday gains

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1 min  |
November 20, 2024
Business Standard

SME IPOs: Sebi proposes 2x hike in application size

The Securities and Exchange Board of India (Sebi) on Tuesday proposed stiffer listing regulations for small and medium enterprises (SMEs).

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1 min  |
November 20, 2024
DELHI TURNS 'SMOKING' CAPITAL
Business Standard

DELHI TURNS 'SMOKING' CAPITAL

SC flags 'wrong approach' in enforcing anti-pollution curbs

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1 min  |
November 19, 2024
Farm fires blaze to a 5-yr high in Delhi, Rajasthan
Business Standard

Farm fires blaze to a 5-yr high in Delhi, Rajasthan

Farm fire incidents in Rajasthan and Delhi have reached their highest levels since 2020, with Rajasthan reporting 2,060 cases and Delhi witnessing 12, according to data from the Indian Agricultural Research Institute (IARI).

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1 min  |
November 19, 2024
Business Standard

Over 370 flights delayed at Delhi Airport

More than 370 flights, including departures and arrivals, were delayed at the Delhi Airport on Monday until 2 pm due to dense fog and pollution.

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1 min  |
November 19, 2024
TAKING NOTE
Business Standard

TAKING NOTE

Did demonetisation hitthe right notes? How cloes it sound eightyears on?

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4 mins  |
November 19, 2024
NTPC Green Energy gets a thumbs up from analysts
Business Standard

NTPC Green Energy gets a thumbs up from analysts

Opportunityto invest in leading RE player a positive for longterm

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2 mins  |
November 19, 2024
Business Standard

Mkts fall on selling in IT, oil shares

Benchmark Sensex declined by 241 points while broader Nifty fell for the seventh session in a row on Monday following a sell-off in IT and oil shares amid unabated foreign fund outflows and weak leads from the US markets.

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1 min  |
November 19, 2024