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February 11, 2025

Govt may use reserve oil funds to finance fertiliser subsidy gap

For the first time, the government is likely to dip into the Oil Industry Development Fund (OIDF) to finance part of its fertiliser subsidy programme for 2025-26, according to official sources.

Govt may use reserve oil funds to finance fertiliser subsidy gap

1 min

Trump's metal tariffs put India exports at risk, spark glut fears

Besides 25% duty on all steel, aluminium imports, US plans 'reciprocal tariffs'

Trump's metal tariffs put India exports at risk, spark glut fears

2 mins

PE/VC pullback brings dark clouds over Indian climate-tech companies

Funding fell 61% to $1.3 bn in 2024

1 min

Jubilant Likely to Raise ₹5,500 Cr Via Bonds for Coke Bottling Biz Deal

Jubilant Bhartia Group is planning to raise up to ₹5,500 crore through bonds to finance its acquisition of a 40 per cent stake in Coca-Cola's Indian bottling business.

1 min

Berger steers clear of Akzo bid for now, eyes ₹20K cr annual revenue by 2030

Berger Paints India reaffirmed its target of achieving ₹20,000 crore annual revenue by 2030 even as it steered clear of placing a bid for Akzo Nobel's paints business currently up for grabs.

Berger steers clear of Akzo bid for now, eyes ₹20K cr annual revenue by 2030

2 mins

Indian Hotels Set to Add Another ‘Taj’ to Mumbai

To invest ₹2,500 crore in Bandstand property

Indian Hotels Set to Add Another ‘Taj’ to Mumbai

1 min

Astra's breast cancer drug tops 2024 pharma debuts

Five of top 20 drug introductions target cancer, reflecting its rising incidence in India

Astra's breast cancer drug tops 2024 pharma debuts

2 mins

Conveyance tops non-food household spending in 2023-24: HCES

In 2023-24, of Indian households' average monthly expenditures on non-food items, that on conveyance was the highest, shows an analysis of the latest Household Consumption Expenditure Survey (HCES) data.

1 min

Sourcing More Energy From US May Feature In Modi-Trump Talks

Centre expects US President's push to export more crude oil as a net positive for India

2 mins

FDI with EFTA can catalyse $500 bn investment: Goyal

India and European Free Trade Association (EFTA) nations on Monday launched a 'dedicated desk' to provide structured support to European businesses looking to invest, expand, or establish operations in India.

FDI with EFTA can catalyse $500 bn investment: Goyal

1 min

Ensuring there are no speed bumps in ties

Prime Minister Narendra Modi's upcoming meeting with United States (US) President Donald Trump may focus on a range of issues, including greater market access, a potential trade agreement, buying more defence and energy products, and ramping up investments from America,

Ensuring there are no speed bumps in ties

1 min

US deportation flight sends a message to India

The use of a military aircraft by the US to bring civilian deportees back to India and shackling them during the long flight suggest that the bilateral relationship is not all roses.

US deportation flight sends a message to India

3 mins

VEM Technologies Hyderabad—an emerging global giant with its inbuilt strength

The VEM Technologies Pvt. Ltd., based in Telangana, is rapidly emerging as one of India's leading companies in the global defence sector. Under the leadership of its Founder, Chairman, and Managing Director, V. Venkat Raju, the company is committed to building India's defence manufacturing capabilities. Its core philosophy is simple, \"Making India self-reliable in Defence, Aeronautics and Space\". With this vision, VEM Technologies is advancing not only its own growth but also contributing to India's self-sufficiency in defence production. The company has also expanded its reach by exporting defence equipment to several countries, including the United States. In an interview with Business Standard, Mr. Venkat Raju shared his vision for the company and its role in strengthening India's defence sector.

VEM Technologies Hyderabad—an emerging global giant with its inbuilt strength

3 mins

BEML Unveils 'Infinix'—A Bold New Brand Identity at Aero India 2025

BEML's Infinix logo represents more than a rebranding—it is a profound transformation. The freed Phoenix, breaking out of its circular boundary, symbolizes limitless aspirations and an unyielding commitment to innovation, agility, and excellence.

BEML Unveils 'Infinix'—A Bold New Brand Identity at Aero India 2025

3 mins

Russia plays hardball after Trump talks of Putin contact

Russia's point man for relations with the United States said on Monday that all of President Vladimir Putin's conditions must be met in full before the war in Ukraine can end, suggesting Moscow is playing hardball with US President Donald Trump.

1 min

Robotaxis by June? Musk turns to Texas for hands-off regulation

Elon Musk told investors in late January that Tesla would roll out \"autonomous ride-hailing for money\" by June in Austin, Texas—a state where the company faces almost no regulation, raising questions about how much safety and legal risk Tesla is willing to take on as it deploys unproven driverless technology on public streets.

Robotaxis by June? Musk turns to Texas for hands-off regulation

1 min

Indian Restaurants Among Targets of UK's Crackdown on Illegal Migrants

Indian restaurants, nail bars, convenience stores, and car washes were among the targets of what the Home Office on Monday described as a \"UK-wide blitz\" on illegal working in the country.

1 min

Trump Says Time's Up for Lowly US Penny, Asks Treasury Secy to Stop Production

US President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin.

Trump Says Time's Up for Lowly US Penny, Asks Treasury Secy to Stop Production

2 mins

OpenAI's First In-House Chip In The Works

To be sent to TSMC for fabrication in a few months

2 mins

Intel's AI chief leaves after a year in job to run Nokia

Nokia Oyj will replace Chief Executive Officer Pekka Lundmark with Intel Corp's recently appointed head of artificial intelligence Justin Hotard in a surprise announcement as the network equipment maker works to exit a prolonged slump in orders from phone operators.

Intel's AI chief leaves after a year in job to run Nokia

1 min

Innovation vs job-loss fears in spotlight

Hope for lighter regulation; France to invest $113 billion, says PM Emmanuel Macron

Innovation vs job-loss fears in spotlight

2 mins

Close encounters in Israel-Palestine

Stanley Johny's Original Sin: Israel, Palestine and the Revenge of Old West Asia delves into the complex interplay between historical inevitability and moral reckoning.

Close encounters in Israel-Palestine

4 mins

Cloud over RE

Green energy is a victim of its own success

2 mins

Refocus again

Despite stated policy, disinvestment has slowed

2 mins

The illusion of decoupling from China

China joined the World Trade Organization in 2001. In 1990, countries across the world sourced 2.1 per cent of their total imports from China.

The illusion of decoupling from China

3 mins

A health financing perspective

The fiscal space for social sectors, including health, continues to shrink

A health financing perspective

3 mins

BATTLE OF THE ROCKS

With lab-grown diamonds gaining currency, De Beers is repositioning itself in India to make its natural ones shine brighter

BATTLE OF THE ROCKS

4 mins

TN gaming rules may spur similar action by others

A catalyst for new state rules, or compliance nightmare? Experts weigh in

TN gaming rules may spur similar action by others

2 mins

Hyatt Hotels to acquire Playa Hotels for $2.6 bn

Hyatt Hotels will buy Playa Hotels & Resorts for about $2.6 billion including debt, net of cash, the company said on Monday, seeking to boost its presence in Mexico and the Caribbean.

1 min

Adani plans to donate ₹6,000 cr to set up health infra with Mayo Clinic

Gautam Adani plans to donate over ₹6,000 crore to build two integrated health campuses called Adani Health City (AHC) in Ahmedabad and Mumbai through the Adani group's not-for-profit healthcare arm in partnership with US-based Mayo Clinic.

1 min

Weak earnings, slow execution play spoilsport for Power Grid

Power Grid Corporation of India's Q3FY25 revenue declined 3 per cent year-on-year (Y-o-Y) to ₹11,200 crore, with operating profit falling 7 per cent to ₹9,500 crore and margin contracting to 85 per cent from 91 per cent Y-o-Y.

2 mins

Sebi bars Kalahridhaan Trendz from securities market

The Securities and Exchange Board of India (Sebi) on Friday barred Kalahridhaan Trendz, its managing director Niranjan D Agarwal, and two others from the securities market over alleged lapses in material disclosures and misleading information given through stock exchange filings.

Sebi bars Kalahridhaan Trendz from securities market

1 min

Mkts fall as US fires fresh trade salvo

Trump's threat to impose 25% tariffs on all steel, aluminium imports unsettles investors

Mkts fall as US fires fresh trade salvo

3 mins

Saluja plans to stay on until open offer ends

Rashmi Saluja (pictured), chairperson of Religare Enterprises, has no plans to resign from the company despite being voted out as director during last week's annual shareholders' meeting.

Saluja plans to stay on until open offer ends

2 mins

Gold shines at $2,900, up 11% in '25

Gold prices have continued their stellar run of calendar year 2024 (CY24) in 2025.

Gold shines at $2,900, up 11% in '25

2 mins

Invest for style diversification, with 7-yr horizon

While value-style funds have performed well since 2020, investors should not enter these funds expecting similar gains over the short term.

2 mins

Delhivery shares down 6.3% on weak Q3 show

Brokerages largely bullish, raise target price substantially

Delhivery shares down 6.3% on weak Q3 show

2 mins

Hundreds Of Kms Of Traffic Jam To Maha Kumbh

As thousands of devotees are heading to the Maha Kumbh in Uttar Pradesh's (UP's) Prayagraj, massive traffic jams spanning hundreds of kilometres, according to some media reports, have been reported from various routes heading to the city.

1 min

Hudco raises ₹2,910 crore; Sidbi garners ₹6,000 crore

State-owned Housing and Urban Development Corporation (Hudco) on Monday raised ₹2,910 crore through bonds maturing in ten years at a cut off of 7.29 per cent, sources said.

1 min

A massive steel surplus would likely flood India, says Naveen Jindal

At present, the impact of any additional tariffs may not be \"significant\" for India, according to an Indian government official.

2 mins

Soy, groundnut purchase deadline extended as prices remain below MSP

Union Agriculture Minister Shivraj Singh Chouhan on Monday extended the deadline for procurement of soybean and groundnut at minimum support price (MSP) in Maharashtra, Telangana, Gujarat, and Karnataka beyond the usual 90 days, as prices have stayed below the MSP.

1 min

PNB, BOB, RBL cut retail loan rates

EMIs Set To Fall

1 min

NITI Aayog plans fee autonomy for state universities

Policy think-tank NITI Aayog has proposed fee autonomy, draft research policy and a dedicated infrastructure finance agency for state public universities (SPUs).

NITI Aayog plans fee autonomy for state universities

1 min

Govt eyes ₹50K cr PPP projects for key ports by FY30

Pipeline part of push for private investments as announced in Budget

Govt eyes ₹50K cr PPP projects for key ports by FY30

2 mins

RBI doubles G-Sec buy plan via OMO

The Reserve Bank of India (RBI) plans to purchase ₹40,000 crore worth of government securities via open market operation auction on Thursday, against the earlier notified amount of ₹20,000 crore, the central bank said in a release on Monday.

1 min

Chidambaram finds faults with Budget in Rajya Sabha

Congress leader P Chidambaram on Monday said he was sceptical that the entire ₹1 trillion of revenue foregone, as the Union Budget 2025-26 has estimated, because of the income tax exemptions, would go into the consumption of domestic goods and services, and boost the economy.

Chidambaram finds faults with Budget in Rajya Sabha

1 min

Alternative sourcing deals with global firms on cards

INDIA ENERGY WEEK STARTS TODAY

2 mins

Business-class flyers from Delhi may soon have to shell out more

DIAL proposes charging international business, 1st class passengers 2x the user development fee

2 mins

Grasim profit falls 40% on cement biz

Aditya Birla Group's flagship company Grasim Industries on Monday reported a 40 per cent decline in net profit (attributable to the owners of the company) in the October-December 2024 period (Q3FY25), as weak performance for the cement business dragged down profits.

Grasim profit falls 40% on cement biz

1 min

Apollo Hospitals posts 51% growth in profit

Apollo Hospital posted a 51 per cent year-on-year (Y-o-Y) growth in its consolidated net profit at ₹372.3 crore for Q3FY25, while revenue from operations grew by 13.9 per cent to ₹5526.9 crore.

Apollo Hospitals posts 51% growth in profit

1 min

NCLT Asks BCCI To Submit Insolvency Withdrawal Plea Before Byju's CoC

The National Company Law Tribunal (NCLT) Bengaluru on Monday told the Board of Control for Cricket in India (BCCI) to settle its dispute with debt-laden Byju's for dues of ₹158 crore.

NCLT Asks BCCI To Submit Insolvency Withdrawal Plea Before Byju's CoC

1 min

Tap our defence ecosystem to meet global challenges: Rajnath to CEOs

Outlines steps taken by govt to position domestic defence industry as key pillar of economy

Tap our defence ecosystem to meet global challenges: Rajnath to CEOs

2 mins

Wedding Vows

From the Alps as the backdrop to underwater nuptials, marriages are getting more extravagant, dramatic and unique, writes Abhilasha Ojha

Wedding Vows

3 mins

My wedding, my look

The biggest trend for the bride and groom is 'being yourself', with wedding wear becoming an expression of individuality, writes Asmita Aggarwal

My wedding, my look

4 mins

Bold is beautiful

Wedding décor is going beyond aesthetics, embracing grand elements in a nod to the couples' personal stories, writes Abhilasha Ojha

Bold is beautiful

1 min

Romancing the stone

Bespoke jewellery, antique or with a modern twist, that is both timeless and versatile is the flavour of the season for brides and grooms, writes Asmita Aggarwal

Romancing the stone

3 mins

Memory makers

Wedding photography is pushing the limits of creativity with photoshoots around the world. Some couples also want their post-wedding trip framed for posterity, writes Anushka Bhardwaj

Memory makers

2 mins

Royal Rajasthan

Rajasthan's palaces and forts are synonymous with royal weddings.

Royal Rajasthan

1 min

All aboard

Couples are sailing into new beginnings with cruise weddings and yacht parties, finds Abhilasha Ojha

All aboard

1 min

Touristy affair

Couples are opening up their weddings to guests from around the world for a fee through out-of-the-box startups, write

Touristy affair

4 mins

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Business Standard Newspaper Description:

Utgiver: Business Standard Private Ltd

Kategori: Newspaper

Språk: English

Frekvens: Daily

Business Standard is India's leading business daily.
A preferred choice of serious business readers, Business Standard is acknowledged as a quality leader.

Business Standard stands for reporting that stresses accuracy and credibility, commentary that is informed, independent and fair, and journalism that is rooted in ethical conduct and defined by a sacrosanct bond with the reader. All Business Standard journalists sign on to a code of conduct that is available on the website.

Business Standard's editorial team is led by Shyamal Majumdar.

The English newspaper is published from 12 centers - New Delhi, Mumbai, Kolkata, Bengaluru, Chennai, Ahmedabad, Hyderabad, Chandigarh, Lucknow, Pune, Kochi and Bhubaneswar. It is also printed from Bhopal.

The Hindi Business Standard is published from eight centres - New Delhi, Mumbai, Kolkata, Patna, Lucknow, Bhopal, Chandigarh and Raipur.

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