CATEGORIES

USAID funding to India on the decline since pandemic
Business Standard

USAID funding to India on the decline since pandemic

As American President Donald Trump's decision to re-evaluate and realign his country's foreign aid is sending the world into a tizzy, data from the United States (US) government's foreign assistance website shows that funding by the US Agency for International Development (USAID) for India has been on the decline since the pandemic.

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2 mins  |
February 05, 2025
Business Standard

VCs turn sailors for startup ships to navigate AI wave

As Artificial Intelligence (AI) becomes the central driver of innovation, venture capital (VC) investors are stepping in to help portfolio companies navigate through the maze of complexities of AI adoption.

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1 min  |
February 05, 2025
ONGC: Higher production may help revive investor sentiment
Business Standard

ONGC: Higher production may help revive investor sentiment

For the October-December quarter (Q3), on a standalone basis, ONGC's adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) of ₹18,510 crore, up 25 per cent year-on-year (Y-o-Y), was above consensus.

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2 mins  |
February 05, 2025
We've to achieve greater goals of strong India: PM
Business Standard

We've to achieve greater goals of strong India: PM

Modi takes 'urban naxal' jibe at Rahul, hits out at AAP a day before Delhi polls

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3 mins  |
February 05, 2025
Bank gold loan disbursals up 71% in 9MFY25
Business Standard

Bank gold loan disbursals up 71% in 9MFY25

Gold loan portfolio of banks rose by 71.3 per cent year-on-year (Y-o-Y) till December of FY25 to ₹1.72 trillion, against 17 per cent growth a year ago, on the back of rising prices of the yellow metal and slowdown in unsecured loan following increase in risk weights last year.

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1 min  |
February 05, 2025
Business Standard

Increasing threshold

More people should pay income tax

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2 mins  |
February 05, 2025
Sebi tightens algo trading rules to enhance investor protection
Business Standard

Sebi tightens algo trading rules to enhance investor protection

The Securities and Exchange Board of India (Sebi) has mandated the empanelment of algorithmic (algo) trading providers with stock exchanges and defined rules for using application programming interfaces (APIs).

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1 min  |
February 05, 2025
Altman's Asia trip could be a rush to counter DeepSeek
Business Standard

Altman's Asia trip could be a rush to counter DeepSeek

OpenAI's chief executive officer (CEO) Sam Altman is scheduled to meet Prime Minister Narendra Modi, Union Electronics and Information Technology Minister Ashwini Vaishnaw, and other high-ranking officials on his second visit to India in two years.

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1 min  |
February 05, 2025
Business Standard

India May Gain From US-China Trade War

The restart of a tariff war between the United States (US) and China may have a positive impact on Indian exporters, as observed from the previous trade war during US President Donald Trump's first term.

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1 min  |
February 05, 2025
Trai for opening up key 5G spectrum band for auctions
Business Standard

Trai for opening up key 5G spectrum band for auctions

37-40 GHz band ideal for reaching peak 5G speeds in high density, urban areas

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2 mins  |
February 05, 2025
Business Standard

Eli Lilly names Winslow Tucker to lead India operations

Drug firm Eli Lilly and Company on Tuesday said it has appointed Winslow Tucker as president and general manager for India, effective immediately.

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1 min  |
February 05, 2025
No clear direction on Gaza's governance
Business Standard

No clear direction on Gaza's governance

Through nearly 16 months of war in Gaza, politicians and analysts debated competing proposals for the territory's postwar governance, but no clear direction emerged while the fighting continued.

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1 min  |
February 05, 2025
Business Standard

India presents ₹7,500 cr premiumisation opportunity for Nestlé: CMD Narayanan

Fast-moving consumer goods (FMCG) major Nestlé India on Tuesday said that with sustained economic growth in the country and increasing consumption of packaged foods, India presents a ₹7,500 crore premiumisation opportunity.

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1 min  |
February 05, 2025
Business Standard

Talks Start on 2nd Phase of Truce Deal

Talks have started on the second phase of the Gaza ceasefire deal, the spokesperson for the Palestinian militant group Hamas said on Tuesday.

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1 min  |
February 05, 2025
China Hits Back Against Trump Tariffs
Business Standard

China Hits Back Against Trump Tariffs

Puts levies on US imports, starts anti-trust probe into Google, disrupts key minerals' supply, blacklists Calvin Klein owner

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2 mins  |
February 05, 2025
PCE facility success depends on investor appetite, mkt reforms
Business Standard

PCE facility success depends on investor appetite, mkt reforms

Lower-rated companies are likely to improve ratings on their bonds owing to the Partial Credit Enhancement (PCE) Facility, announced in this year's Union Budget, making them more appealing to institutional investors such as insurance companies, mutual funds, and pension funds, which typically invest in bonds rated AA and above.

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1 min  |
February 05, 2025
Surrender of erroneous drawback payment also attracts interest
Business Standard

Surrender of erroneous drawback payment also attracts interest

Para C.22 of the RBI FED Master Direction no.16 dated 1st January 2016 (as amended) allows remittance of export claims where full payment is already realised. This provision requires surrender of proportionate export incentive. A less messy way is to declare the full value in and allow a discount of 5% in your next shipment. That way, only the net value after deduction of the discount will flow into the EDPMS and the drawback claim will also be limited to the discounted value.

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2 mins  |
February 05, 2025
HomeExchange Finds 1st Asia Abode in India
Business Standard

HomeExchange Finds 1st Asia Abode in India

Will add 5,000 Indian homes to its network; membership fee lowest

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1 min  |
February 05, 2025
Trump signs order to create sovereign wealth fund, says it could buy TikTok
Business Standard

Trump signs order to create sovereign wealth fund, says it could buy TikTok

US President Donald Trump signed an executive order on Monday ordering the creation of a sovereign wealth fund within the next year, saying it could potentially buy TikTok.

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1 min  |
February 05, 2025
Business Standard

Asian Paints earnings fall 23%

Asian Paints net profit was down 23.3 per cent in the quarter ended December (Q3FY25).

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1 min  |
February 05, 2025
For ARCs Eyeing MFI Loans, Price Matters
Business Standard

For ARCs Eyeing MFI Loans, Price Matters

With increasing stress in the microfinance institution (MFI) segment and banks looking to offload non-performing portfolios, asset reconstruction companies (ARCs) believe these assets hold limited value.

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2 mins  |
January 10, 2025
Business Standard

Delhi HC refuses relief to Rashmi Saluja

The Delhi High Court (HC) on Friday denied relief to Rashmi Saluja, executive chairperson of Religare Enterprises (REL), in her plea against a resolution seeking to replace her with a new director at the upcoming annual general meeting (AGM) on February 7.

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1 min  |
February 05, 2025
Paris AI Action Summit: PM May Push for Global Norms on AI
Business Standard

Paris AI Action Summit: PM May Push for Global Norms on AI

Prime Minister (PM) Narendra Modi is likely to call upon nations to frame global guidelines for artificial intelligence (AI), in line with his pitch for an international framework for digital technologies, officials said on Tuesday.

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1 min  |
February 05, 2025
Business Standard

PepsiCo Sees Double-Digit Revenue Growth in India

PepsiCo saw double-digit organic revenue growth in India in the year 2024.

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1 min  |
February 05, 2025
DII-FPI shareholding gap narrows to a record low
Business Standard

DII-FPI shareholding gap narrows to a record low

DII ownership may have surpassed FPIs' after their January selloff

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2 mins  |
February 05, 2025
Boardroom buzz to global chants, a Grammy journey
Business Standard

Boardroom buzz to global chants, a Grammy journey

Orders and boundaries blurred as congratulations poured in for Indian-American vocalist Chandrika Krishnamoorthy Tandon, who won the Grammy for her album Triveni under the category of Best New Age, Ambient, or Chant Album on Monday.

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2 mins  |
February 05, 2025
OpenAI Clinches Deal With S Korean Chat App Kakao
Business Standard

OpenAI Clinches Deal With S Korean Chat App Kakao

OpenAI said on Tuesday it will develop artificial intelligence products for South Korea with chat app operator Kakao, unveiling a second major alliance with a high-profile Asian partner this week.

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1 min  |
February 05, 2025
Business Standard

US Wants Ukraine To Guarantee Access To Rare Earths For War Aid

President Donald Trump said his administration wants an agreement with Ukraine for the war-torn country to offer access to its critical mineral resources in return for aiding its defence against Russia.

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1 min  |
February 05, 2025
New support schemes for small exporters on cards
Business Standard

New support schemes for small exporters on cards

The government is designing new support schemes, especially for small exporters to help them avail collateral-free loans and partially fund the compliance needs for non-tariff measures being implemented by developed nations.

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2 mins  |
February 05, 2025
Women are fueling a democratic revival in Sri Lanka
Business Standard

Women are fueling a democratic revival in Sri Lanka

It was a brief remark during a mundane session of Parliament. But to Harini Amarasuriya, Sri Lanka's prime minister, it was the moment she realised that her country, wrecked not long ago by strongman leaders and their populist politics, had entered a transformative moment for women.

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2 mins  |
February 05, 2025