CATEGORIES

FPI selling tops $10 bn in Oct amid China shift
Business Standard

FPI selling tops $10 bn in Oct amid China shift

If trend holds, this will be first monthly outflows of over $10 bn

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2 mins  |
October 22, 2024
CPSE dividend likely to cross record FY24 tally
Business Standard

CPSE dividend likely to cross record FY24 tally

₹29,000 cr in kitty so far; govt may garner ₹65,000 cr in FY25

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2 mins  |
October 22, 2024
Economy: Back To 'Normal'?
Business Standard

Economy: Back To 'Normal'?

What seemed like a one-off issue is starting to look like a trend. Growth in collection from goods and services tax (GST) fell to 6.5 per cent, its lowest level in 40 months. At 6.5 per cent, GST collection barely tracked inflation, which means there was no volume growth. The trade deficit widened to $29.7 billion in August from $24.2 billion a year earlier. India's merchandise exports, its weakest spot and a tell-tale sign of India's poor competitiveness, declined to $34.7 billion in August from $38.3 billion in the same month last year. The annual gross domestic product (GDP) growth rate is down from 7.8 per cent to 6.7 per cent. The index of industrial production (IIP), which tracks the output of eight core industries, such as coal, oil, and electricity, was negative in August for the first time in three years. In September, car sales fell by 19 per cent over the same period last year.

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3 mins  |
October 21, 2024
Subjecting Employees To Excess Stress Is Illegal
Business Standard

Subjecting Employees To Excess Stress Is Illegal

The 1993 movie A Few Good Men tells the story of two U.S. Marines court-martialled for the death of a fellow Marine, Private Santiago, at Guantanamo Bay, Cuba.

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2 mins  |
October 21, 2024
What Cyber Insurance Can Do For You And What It Can't
Business Standard

What Cyber Insurance Can Do For You And What It Can't

In today's digital age, where businesses and individuals increasingly rely on technology, cyber insurance has become a vital tool to protect against financial losses and reputational damage. However, companies must understand the various facets of cyber insurance in order to effectively leverage it.

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2 mins  |
October 21, 2024
Reserve Bank walks the talk
Business Standard

Reserve Bank walks the talk

The NBFCs, which have been punished or are likely to be punished, should bring down the usurious interest rates, high fees, and penalties without losing time

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5 mins  |
October 21, 2024
DRAGON FIRE
Business Standard

DRAGON FIRE

Indian steel is feeling the heat from China. How can India avoid becominga dumping ground?

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4 mins  |
October 21, 2024
Business that's asked to play safe
Business Standard

Business that's asked to play safe

The central bank has (once again) cautioned shadow banks that there are redlines, reports RAGHU MOHAN

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4 mins  |
October 21, 2024
India falls in average media data speed: Ookla Speedtest
Business Standard

India falls in average media data speed: Ookla Speedtest

Despite having one of the fastest rollouts of 5G as well as being the highest consumer of data in the world, India has had the sharpest fall in ranking in average median data speeds.

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1 min  |
October 21, 2024
Hoax call menace: Over 20 flights disrupted
Business Standard

Hoax call menace: Over 20 flights disrupted

The menace of hoax calls to major Indian airlines continued on Sunday with more than 20 flights of IndiGo, Vistara, Air India, and Akasa Air receiving fresh bomb threats, disrupting flight operations and resulting in delays or diversions for thorough security checks.

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2 mins  |
October 21, 2024
India lowers reliance on Canada for pulses imports
Business Standard

India lowers reliance on Canada for pulses imports

India's diplomatic conflict with Canada has cast a shadow on the import of two major pulses: matar(peas) and masur(lentils). Relations between the two nations worsened since the June 2023 killing of Canadian national Hardeep Singh Nijjar, with Canada accusing India of involvement - claims India denies.

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1 min  |
October 21, 2024
Business Standard

Unpacking India's hunger crisis

India is currently the world's fastest-growing economy. However, the recent Global Hunger Index (GHI) reveals a worrying reality: In 2024, India has a \"serious\" level of hunger among the 127 nations assessed.

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1 min  |
October 21, 2024
For an industry, terms of exchange still not clear
Business Standard

For an industry, terms of exchange still not clear

A proposal to reshape the money-changing industry has hit a stumbling block

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3 mins  |
October 21, 2024
'Growing demand for opulent spaces'
Business Standard

'Growing demand for opulent spaces'

Luxury segment saw a 25% increase in social events in 2023, said Sunjae Sharma, MD, India and Southwest Asia, Hyatt Hotels

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1 min  |
October 21, 2024
Avoid teaser rates that reset upwards after a few months
Business Standard

Avoid teaser rates that reset upwards after a few months

Compare loans from lenders on a comprehensive set of parameters, not just the offers

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3 mins  |
October 21, 2024
INDIA'S WOBBLE, AMERICA'S WILL, AND CHINA'S REAWAKENING
Business Standard

INDIA'S WOBBLE, AMERICA'S WILL, AND CHINA'S REAWAKENING

India faces fork in the road as outflows overshadow growth

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1 min  |
October 21, 2024
‘UBS underweight on Indian equities vs other EMs’
Business Standard

‘UBS underweight on Indian equities vs other EMs’

The recent stimulus from China has made global investors sit up and take notice of the developments. SUNIL TIRUMALAI, head of emerging market (EM) and Asia equity strategy at UBS Securities, tells Puneet Wadhwa in an email interview that despite the recent rally, China is trading at a 40 per cent discount to EMs, compared to a 10-year average of a 20 per cent premium. Within EMs, UBS prefers markets that have attractive fundamentals and valuations. Edited excerpts:

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2 mins  |
October 21, 2024
Havells, Polycab flip the switch on high-voltage growth potential
Business Standard

Havells, Polycab flip the switch on high-voltage growth potential

Margin constraints could trip up earnings performance

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2 mins  |
October 21, 2024
Business Standard

Mkt riptide pulls ADR below 1, charting course of unease

FIFTH MONTH ADRIFT: Advance/decline ratio remains anchored in negative waters as Sensex, Nifty sail near a 15% gain

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1 min  |
October 21, 2024
Uncovering Russia's role in the US elections
Business Standard

Uncovering Russia's role in the US elections

Why is it that this year's election feels encrusted with such déjà vu? Is it the outsize presence of Nate Silver? Former President Donald Trump's presence on the ticket? Or maybe it's because Kremlin interference appears to have been ramping up in recent months. In September, the US State Department announced it was pulling out all the stops, offering $10 million for information on a group called Russian Angry Hackers Did It.

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3 mins  |
October 21, 2024
All about land
Business Standard

All about land

How to improve land and capture its value is central to growth and development policy even in the 21st century

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5 mins  |
October 21, 2024
Business Standard

Flagging enthusiasm

Low growth in China raises concern

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2 mins  |
October 21, 2024
Business Standard

Next steps in GST

Cess should not be fully subsumed

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2 mins  |
October 21, 2024
Boeing looks to sell assets to boost finances
Business Standard

Boeing looks to sell assets to boost finances

Boeing is exploring asset sales in a bid to boost its fragile finances by shedding its non-core or underperforming units, the Wall Street Journal (WSJ) reported on Sunday.

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1 min  |
October 21, 2024
$100 trn fiscal time bomb is ticking
Business Standard

$100 trn fiscal time bomb is ticking

Driven by China and US, public debt levels likely to reach warning levels this year

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2 mins  |
October 21, 2024
Millions of Cubans still without power as crisis deepens
Business Standard

Millions of Cubans still without power as crisis deepens

Millions of Cubans awoke on Sunday to find their homes still without power after another partial grid failure overnight, deepening a crisis that has raised questions over the viability of the government's efforts to reestablish electrical service.

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1 min  |
October 21, 2024
Zumba teacher? 'Anti-woke' cleric? 38 candidates line up to head Oxford
Business Standard

Zumba teacher? 'Anti-woke' cleric? 38 candidates line up to head Oxford

One is an Anglican clergyman who presents himself as the “anti-woke candidate.” Another is a left-wing activist who boasts that he has never “invaded any West Asian countries.” Still another is a Zumba teacher who says her cardio training would help her face the rigors of the job.

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2 mins  |
October 21, 2024
Business Standard

Pak Cabinet allows constitution amendment to dilute the power of 'independent' judiciary

The Pakistan Cabinet Sunday approved the proposed draft of the 26th Constitutional Amendment during a meeting chaired by Prime Minister Shehbaz Sharif after seeking consensus from the coalition partners, his office said.

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1 min  |
October 21, 2024
87 dead or missing after Israeli airstrike on northern Gaza
Business Standard

87 dead or missing after Israeli airstrike on northern Gaza

Israel said it had struck Hezbollah's intelligence headquarters in the Lebanese capital Beirut on Sunday, while officials in Gaza said they were still trying to recover bodies from the rubble after an Israeli strike that killed dozens.

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1 min  |
October 21, 2024
Populist schemes put Maha's stable financials to the test
Business Standard

Populist schemes put Maha's stable financials to the test

Mahayuti govt faces scrutiny as schemes like Mukhyamantri Majhi Ladki Bahin Yojana strain fiscal resources amid rising unemployment and prices of food items, explains INDIVJAL DHASMANA

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3 mins  |
October 21, 2024