CATEGORIES

₹ hits fresh low of 84.39 against $ amid FII selloff
Business Standard

₹ hits fresh low of 84.39 against $ amid FII selloff

Avoids sharp depreciation on RBI intervention

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2 mins  |
November 12, 2024
SPIEF plays key role in increased Russia-India trade
Business Standard

SPIEF plays key role in increased Russia-India trade

Forum director emphasises 'big potential' of rupee-rouble trade between both nations

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1 min  |
November 12, 2024
Business Standard

11 suspected insurgents killed in Manipur gunfight

Eleven suspected militants were killed in a gunfight with security forces on Monday after the insurgents fired at the Borobekra police station and a CRPF camp located alongside it in Jiribam district of Manipur, officials said.

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1 min  |
November 12, 2024
Business Standard

Govt to open e-Shram portal for self-employed registration

To encourage self-employed workers to register themselves on the e-Shram portal, the government will introduce a facility aimed at bringing on the database people who own or run micro enterprises or are hawkers or vendors.

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1 min  |
November 12, 2024
Textile hub Tiruppur weaves a comeback as exports spring back to life
Business Standard

Textile hub Tiruppur weaves a comeback as exports spring back to life

Exports stitch together 13% rise, with 22% jump in August, as Bangladesh crisis leads to growth

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2 mins  |
November 12, 2024
Govt may ease Q4 spending limits
Business Standard

Govt may ease Q4 spending limits

Move to help depts, ministries speed up capex; current norms cap Q4 spending at 33% of Budget

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2 mins  |
November 12, 2024
CPSEs no longer need NITI Aayog approval for JVs
Business Standard

CPSEs no longer need NITI Aayog approval for JVs

WHAT IT MEANS

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2 mins  |
November 12, 2024
India's online gaming market grew 23% in FY24 despite GST burden
Business Standard

India's online gaming market grew 23% in FY24 despite GST burden

India's gaming market grew 23 per cent year-on-year (Y-o-Y) by revenue to $3.8 billion in 2023-24 (FY24), despite the newly imposed 28 per cent blanket goods and service tax (GST) on online gaming, according to a report by gaming-focused venture capital firm Lumikai.

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1 min  |
November 12, 2024
Business Standard

Amul to enter Europe by end of Nov: MD

Amul will enter the European market by the end of this month after launching its products in the US, Gujarat Cooperative Milk Marketing Federation Managing Director Jayen S Mehta said on Monday.

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1 min  |
November 12, 2024
Business Standard

Amazon, Flipkart face ED heat over foreign funding

Execs to be summoned for alleged law violations

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1 min  |
November 12, 2024
Business Standard

Flipkart achieves milestone of 10,000 EVs in delivery fleet

As part of its phased integration of electric vehicles (EVs) in the last-mile delivery, e-commerce firm Flipkart said it has deployed over 10,000 EVs in its fleet.

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1 min  |
November 12, 2024
Business Standard

Hindalco profit zooms 78% on improved ops

Company plans 4-5 bn capex for upstream units

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1 min  |
November 12, 2024
Business Standard

Zetwerk may raise $1 bn through IPO

Zetwerk Pvt Ltd, a supply chain startup, is considering fundraising options including an initial public offering (IPO) that may help it raise as much as $1 billion, according to sources.

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1 min  |
November 12, 2024
Business Standard

Britannia net falls 9.6% on weak demand

Bengaluru-based Britannia Industries reported a consolidated net profit decline of 9.6 per cent in the July-September quarter of the financial year 2025 (Q2FY25), compared to the same period last year on the back of severe commodity inflation, leading to weak consumer demand.

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1 min  |
November 12, 2024
After a decline, sedan segment set for action with launches lined up
Business Standard

After a decline, sedan segment set for action with launches lined up

Maruti launches fourth-gen Dzire; Honda to roll out new Amaze in coming months

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2 mins  |
November 12, 2024
A third of iPhone output to be India-made
Business Standard

A third of iPhone output to be India-made

Apple aims to assemble 32% of iPhone's global production volume and 26% of its value in India by FY27

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2 mins  |
November 12, 2024
Farewell Vistara: With cabin mood lights and selfies
Business Standard

Farewell Vistara: With cabin mood lights and selfies

As boarding gates closed at the Kempegowda International Airport in Bengaluru and final passenger calls were made, flyers settled into their auberginecoloured seats.

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3 mins  |
November 12, 2024
Business Standard

'Buy the dips' triggers record equity MF bets

Net flows into such funds hit ₹41,887 cr in Oct; SIP accounts topped 100 mn

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2 mins  |
November 12, 2024
Business Standard

RBI, Sebi unveil rules for converting excess investment by FPIs into FDI

Financial regulators, the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (Sebi), issued new guidelines on Monday directing foreign portfolio investors (FPIs) to secure government approval and concurrence from investee firms if they acquire equity stakes that exceed prescribed limits.

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2 mins  |
November 12, 2024
Climate promises hang fire as big economies don't warm up to COP29
Business Standard

Climate promises hang fire as big economies don't warm up to COP29

Indian minister likely to skip summit, which begins today; Trump's shadow looms over climate finance commitments

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2 mins  |
November 11, 2024
Don't see any reason to scale back our domestic targets
Business Standard

Don't see any reason to scale back our domestic targets

India's current climate policies are projected to reduce CO2 emissions by almost 4 billion tonnes between 2020 and 2030. However, developed countries have adopted a much slower approach to emissions reduction, which may see a further downtrend with the US likely to cut down its target. ARUNABHA GHOSH, CEO of the Council for Energy Environment and Water, a leading global think tank based out of New Delhi, speaks to S Dinakar in a video interview on climate-related issues ahead of the annual UN climate summit COP29, which starts in Azerbaijan's capital, Baku, on November 11. Edited excerpts:

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3 mins  |
November 11, 2024
The perils of the 'push' loan phenomenon
Business Standard

The perils of the 'push' loan phenomenon

Rural households are increasingly depending on borrowed money to meet everyday consumption needs, a practice that is not sustainable in the long run

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5 mins  |
November 11, 2024
THE DAP GAP
Business Standard

THE DAP GAP

Is the DAP shortage real? Can it be mitigated?

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4 mins  |
November 11, 2024
Securing digital identity in a risky world
Business Standard

Securing digital identity in a risky world

Digital identity and its protection have become increasingly crucial for people and organizations.

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2 mins  |
November 11, 2024
Tech world in a Trump presidency
Business Standard

Tech world in a Trump presidency

His second term will be good for crypto investors and Elon Musk, but every big tech company may not benefit

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4 mins  |
November 11, 2024
Business Standard

India's significance for SAP's business is massive

SAP SE, the international software giant, reported a 25 per cent year-on-year revenue growth in Q3 FY24, driven by robust Cloud services expansion. SAP's executive and supervisory boards visited India recently for the first time. MUHAMMAD ALAM, head of product engineering and a member of the executive board of SAP SE, spoke with Shivani Shinde at the company's Bengaluru centre about engineering, artificial intelligence (AI) and Indian talent. Edited excerpts:

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3 mins  |
November 11, 2024
Forcible repossession by lender is illegal
Business Standard

Forcible repossession by lender is illegal

Sher Singh had obtained a loan of ₹16.55 lakh from a bank for purchasing a heavy goods truck.

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2 mins  |
November 11, 2024
Go for secured card, improve score to tackle credit squeeze
Business Standard

Go for secured card, improve score to tackle credit squeeze

Also try for collateral-based loans: Check interest rate, penalties and repayment terms

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3 mins  |
November 11, 2024
Business Standard

MFS STEP UP: SIPs CLIMB TICKET LADDER, ONE RUNG AT A TIME

Investor count reaches next landing, doubling in four years

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1 min  |
November 11, 2024
Business Standard

Better demand trends upgrade Indian Hotels to profit suite

Management credits demand-supply gap, shifting demographics for hitting the 'suite spot'

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2 mins  |
November 11, 2024