CATEGORIES

HDFC Life Q3 profit rises 13.6%
Business Standard

HDFC Life Q3 profit rises 13.6%

Company's new business premium grows by 10.8 per cent Y-o-Y to ₹7,899 crore in Dec quarter

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1 min  |
January 16, 2025
Business Standard

An aviation hub

International transit via Indian airports needs attention

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2 mins  |
January 16, 2025
Business Standard

Declare correct property value for adequate payout

The recent wildfires in America's Los Angeles area underscores the growing need for fire insurance, particularly in India, as climate change and urbanisation amplify such risks.

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2 mins  |
January 16, 2025
Business Standard

Hero Moto Sees 'Big' Rural Sales Jump in 4-8 Qtrs

CEO Niranjan Gupta Highlights Need for GST Slab Change for Sub-125cc 2Ws

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2 mins  |
January 16, 2025
Business Standard

Trade deficit eases to $21.94 bn as gold imports fall

Exports in Dec contract 1%

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2 mins  |
January 16, 2025
FHRAI seeks govt intervention into private labelling, data misuse by Zomato, Swiggy
Business Standard

FHRAI seeks govt intervention into private labelling, data misuse by Zomato, Swiggy

The Federation of Hotel & Restaurant Associations of India (FHRAI)—which claims to represent over 60,000 hotels and 5,00,000 restaurants—on Wednesday shot off a letter to the Union commerce ministry seeking an urgent meeting over what the hotel body claimed \"data misuse and private labelling\" by food aggregators Zomato and Swiggy.

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1 min  |
January 16, 2025
Business Standard

Zepto's annualised GOV trebles in 8 mths to $3 bn

Quick commerce player Zepto's annualised gross order value (GOV) has touched $3 billion (around ₹24,500 crore), up from $1 billion about eight months ago.

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1 min  |
January 16, 2025
India Inc goes long as short-term fund rate spikes
Business Standard

India Inc goes long as short-term fund rate spikes

L&T, Grasim, UltraTech raise money via 10-year bonds

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2 mins  |
January 16, 2025
JPMorgan posts record profit with 18% jump
Business Standard

JPMorgan posts record profit with 18% jump

JPMorgan Chase & Co, the biggest bank in the US, made more annual profit than any lender in the history of American banking.

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1 min  |
January 16, 2025
Business Standard

HDFC AMC's growth estimates increased after stellar Q3 update

HDFC Asset Management Company (AMC) share price gained 6.45 per cent to ₹4,112.90 a piece on the BSE during Wednesday's intraday trade.

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1 min  |
January 16, 2025
Business Standard

Punjab & Sind Bank net jumps 2x

State-owned Punjab & Sind Bank on Wednesday reported a more than two-fold jump in its net profit to 282 crore in the December 2024 quarter as bad loans declined. The Delhi-headquartered bank had earned a net profit of ₹114 crore a year ago.

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1 min  |
January 16, 2025
US inflation ticks up to 2.9% in December
Business Standard

US inflation ticks up to 2.9% in December

US consumer prices increased slightly more than expected in December amid higher costs for energy goods, pointing to still elevated inflation that aligns with the Federal Reserve's projections for fewer interest rate cuts this year.

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1 min  |
January 16, 2025
Business Standard

Fiscal Condition to Constrain Credit Growth in 2025, Says Moody's

India's fiscal conditions will continue to constrain its credit strength in 2025 but it may benefit from a shift in trade and investment flows from China, Moody's Ratings said on Wednesday in its Asia-Pacific 2025 outlook.

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1 min  |
January 16, 2025
In 1st look at '26, Opec sees steady oil demand growth
Business Standard

In 1st look at '26, Opec sees steady oil demand growth

Opec forecast on Wednesday world oil demand in 2026 will rise at a similar rate to this year, while reducing its figure for 2024 for a sixth time, following economic weakness in China, the world's biggest importer of oil.

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1 min  |
January 16, 2025
Trump to create agency to collect foreign tariffs
Business Standard

Trump to create agency to collect foreign tariffs

President-elect Donald Trump said on Tuesday he will create a new government agency called the External Revenue Service \"to collect tariffs, duties, and all revenue\" from foreign sources as he readies new import tariffs ahead of his inauguration next week.

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1 min  |
January 16, 2025
Business Standard

CCI Ruling May Force Rollback of Features, Hurt Biz: Meta to Court

Meta may have to \"roll back or pause\" some features in the country due to an antitrust directive which banned its WhatsApp messaging service from sharing user data with Meta for advertising purposes, according to a court filing by the US company seen by Reuters.

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2 mins  |
January 16, 2025
US SEC Accuses Musk of Duping Twitter Investors
Business Standard

US SEC Accuses Musk of Duping Twitter Investors

Agency says the billionaire failed to promptly report he had amassed more than 5% of the platform's stock in early '22

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2 mins  |
January 16, 2025
India building 60 Navy ships, likely to see ₹3 trillion return: Modi
Business Standard

India building 60 Navy ships, likely to see ₹3 trillion return: Modi

Prime Minister Narendra Modi stated on Wednesday that 60 large Navy ships, valued around ₹1.5 trillion, are under construction in the country, with the investment expected to generate an economic circulation of around ₹3 trillion and a sixfold employment multiplier effect.

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1 min  |
January 16, 2025
Business Standard

DGCA warns Akasa for lapses in goods transport norms

The Directorate General of Civil Aviation (DGCA) has issued a warning letter to Akasa Air for violating regulations regarding the transportation of dangerous goods, including lithium batteries.

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1 min  |
January 15, 2025
Over 2K Edtech Firms Shut Ops in Past 5 Years
Business Standard

Over 2K Edtech Firms Shut Ops in Past 5 Years

India's once-thriving edtech sector is witnessing a significant downturn with 2,148 startups having shut operations in the past five years, according to data shared by Traxcn with Business Standard.

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1 min  |
January 15, 2025
Business Standard

India 33 years away from getting 'old'

McKinsey report says by 2050s, country's support ratio will be the same as advanced economies'

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1 min  |
January 15, 2025
Land factor in the Indo-Pacific
Business Standard

Land factor in the Indo-Pacific

The Indo-Pacific is an emerging area of geo-strategic competition. Characterised by the rise of China, it is forcing countries in the region to choose sides.

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5 mins  |
January 15, 2025
Empowering startups through policy support, infra development
Business Standard

Empowering startups through policy support, infra development

India is undergoing an entrepreneurial renaissance, fueled by a collective resolve to transform the nation into a global hub for innovation and technology.

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3 mins  |
January 15, 2025
Business Standard

Check policy for exclusions, co-payment and sub-limits

January is observed as cervical cancer awareness month.

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2 mins  |
January 15, 2025
HCLTech Growth Train May Slow on Valuation Track
Business Standard

HCLTech Growth Train May Slow on Valuation Track

Retail cutbacks, Verizon impact, project delays to weigh on IT major

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2 mins  |
January 15, 2025
Business Standard

Power utilities likely to see moderate growth in Q3 earnings

Power utilities may report moderate growth in earnings for Q3FY25.

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2 mins  |
January 15, 2025
Business Standard

Nuvama optimistic about NSE, BSE despite volume dip in F&O

Amid a series of regulatory changes which may impact the revenues of bourses, Nuvama Institutional Equities is positive on the growth in revenue and profit of National Stock Exchange (NSE) and rival BSE.

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1 min  |
January 15, 2025
'Pickup in consumption, capex key to earnings revival'
Business Standard

'Pickup in consumption, capex key to earnings revival'

Even as the equity market has corrected sharply in the past few months, the valuations in midcaps and smallcaps are concerning, according to SANKARAN NAREN, executive director and chief investment officer of ICICI Prudential Mutual Fund. In an interview with Abhishek Kumar in Mumbai, Naren says investors should take a hybrid approach to navigate global uncertainties. Edited excerpts:

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3 mins  |
January 15, 2025
Mkts snap 4-day losing streak
Business Standard

Mkts snap 4-day losing streak

Domestic investors help halt the slide

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1 min  |
January 15, 2025
South Asian doors of perception
Business Standard

South Asian doors of perception

To help nurture literary talent from South Asia and to address a variety of gaps in publishing across geographies, London-based writer and journalist Sonia Faleiro established South Asia Speaks in 2020.

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3 mins  |
January 15, 2025