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Business Standard

Yunus: B'desh to hold next vote in late '25

Chief Adviser Muhammad Yunus led Bangladesh Monday in marking the 54th Victory Day, his speech making no mention of founding leader Mujibur Rahman while calling deposed prime minister Sheikh Hasina's administration the \"world's worst autocratic government\".

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1 min  |
December 17, 2024
China to up direct fiscal support to consumers
Business Standard

China to up direct fiscal support to consumers

Turn the knife inwards: Xi on corruption

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1 min  |
December 17, 2024
Cyclone Chido claims nearly 1,000 lives in France's Mayotte
Business Standard

Cyclone Chido claims nearly 1,000 lives in France's Mayotte

France was rushing help by ship and military aircraft to its poor overseas territory of Mayotte in the Indian Ocean on Monday after the island, off the southeastern shores of Africa, was shattered by its worst storm in nearly a century.

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1 min  |
December 17, 2024
Powell may be headed for another collision with Trump
Business Standard

Powell may be headed for another collision with Trump

Inside the halls of the Federal Reserve's headquarters overlooking Constitution Avenue in Washington DC, casual mentions of the incoming Trump administration are cautious and infrequent.

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1 min  |
December 17, 2024
Trump team plans rollback of Biden's EV, emission policies
Business Standard

Trump team plans rollback of Biden's EV, emission policies

Incoming US President Donald Trump's transition team is recommending sweeping changes to cut off support for electric vehicles and charging stations and to strengthen measures blocking cars, components and battery materials from China, according to a document seen by Reuters.

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2 mins  |
December 17, 2024
₹200/bag DAP price hike likely
Business Standard

₹200/bag DAP price hike likely

Rising raw material rates could drive possible spike

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1 min  |
December 17, 2024
Policies of Nehru, Indira hurt Indian economy: FM
Business Standard

Policies of Nehru, Indira hurt Indian economy: FM

PM twisting facts, says Kharge

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2 mins  |
December 17, 2024
Business Standard

NPCIL raises ₹4,600 crore via 15-year bonds at 7.14%

Robust demand drives successful bond issuance despite mkt oversupply

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1 min  |
December 17, 2024
Business Standard

Centre looks to automate highway construction

In a move to harness technological innovation, the central government is considering the adoption of automated and intelligent machine-aided construction (AIMC) for national highway projects, said the Ministry of Road Transport and Highways on Monday.

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1 min  |
December 17, 2024
Business Standard

Impact of digitisation on inflation needs monitoring

The impact of digitisation on key economic variables relevant to monetary policy demands close monitoring, especially its effect on inflation, as the price disparities between online and offline goods could potentially steepen the Phillips curve, necessitating a reassessment of traditional inflation models, said Michael Debabrata Patra (pictured), deputy governor of the Reserve Bank of India (RBI).

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1 min  |
December 17, 2024
Business Standard

Manufacturing flash PMI jumps to 4-mth high of 60.7 in Dec

The private sector output grew at the fastest pace in four months, preliminary readings from a survey showed, helping the economy end 2024 on a positive note underpinned by sturdier demand in services and manufacturing and record jobs growth.

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1 min  |
December 17, 2024
GDP likely to move closer to 6.5-7% in FY25: CRISIL
Business Standard

GDP likely to move closer to 6.5-7% in FY25: CRISIL

Says high rates, fiscal tightening dragged growth

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1 min  |
December 17, 2024
Business Standard

Sebi issues administrative warning letter to HDFC Bank

India's market regulator, the Securities and Exchange Board of India (Sebi), has issued an administrative warning letter to HDFC Bank, the country's largest private-sector bank, for non-compliance with listing regulations.

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1 min  |
December 17, 2024
P2P bad loans doubled to ₹1,163 cr in FY24: Report
Business Standard

P2P bad loans doubled to ₹1,163 cr in FY24: Report

Bad loans in the peer-to-peer (P2P) lending industry more than doubled in FY24 to ₹1,163 crore from ₹472.1 crore in FY23, according to a report published by Capitalmind Financial Services on Monday.

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1 min  |
December 17, 2024
LIC, Pvt Players Shake Up Term Life Premia for FY25
Business Standard

LIC, Pvt Players Shake Up Term Life Premia for FY25

Some slash them to drive sales, others raise the same to protect margins

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2 mins  |
December 17, 2024
India, Lanka to boost defence ties
Business Standard

India, Lanka to boost defence ties

Will accomplish ETCA soon to promote bilateral trade: PM

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2 mins  |
December 17, 2024
Business Standard

Sluggish Europe orders push India's motor fuel exports to Asia

Asia's share in India's motor fuel exports has risen 3x between Aug and Nov

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2 mins  |
December 17, 2024
Business Standard

WPI eases to 3-month low of 1.89% in Nov

India's wholesale price index (WPI) in November eased to a three-month low of 1.89 per cent as prices of food items, especially vegetables, fell, government data showed on Monday.

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1 min  |
December 17, 2024
REVOCATION OF MFN STATUS 'Swiss move won't hit $100 bn EFTA commitment'
Business Standard

REVOCATION OF MFN STATUS 'Swiss move won't hit $100 bn EFTA commitment'

Switzerland suspending the unilateral application of the most favoured nation (MFN) clause with India under the Double Tax Avoidance Agreement (DTAA) should not impact the $100 billion investment commitment under the recently signed trade deal between India and European Free Trade Association (EFTA) nations.

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1 min  |
December 17, 2024
Labour min seeks cut in FY25 ELI budget outlay
Business Standard

Labour min seeks cut in FY25 ELI budget outlay

Urges FinMin to lower allocation to three schemes by a third

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1 min  |
December 17, 2024
Business Standard

India Inc boards expand with more women, independent directors

The boardrooms of India's large listed companies are steadily expanding as corporate governance standards tighten and regulatory compliance rises.

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1 min  |
December 17, 2024
Business Standard

Adidas, Puma, Nike supplier jogs into India in push to manufacturing

Hong Fu inaugurates ₹1,500 crore footwear manufacturing facility in Tamil Nadu

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2 mins  |
December 17, 2024
Business Standard

Zero-commission model can raise driver incomes

Open networks in the mobility sector can redefine India's urban mobility landscape and boost economic growth by generating additional between 51,000 crore and ₹67,000 crore annually, boosting driver incomes by approximately 30 per cent and fostering inclusive growth, according to a white paper unveiled by Open Network for Digital Commerce (ONDC).

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1 min  |
December 17, 2024
Business Standard

Bavarian Nordic inks Mpox vax agreement with Serum

Danish vaccine firm Bavarian Nordic and Serum Institute of India (SII), the world's largest vaccine maker by volume, have entered into a licence and manufacturing agreement to make the Denmark-based firm's Mpox vaccine MVA-BN.

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1 min  |
December 17, 2024
Business Standard

Ambani, Adani drop out of $100 bn net worth club

Mukesh Ambani, chairman and managing director of and Reliance Industries, Gautam Adani, chairman of the Adani Group, both of whom rank among India's wealthiest and some of Asia's richest individuals, have dropped out of Bloomberg's $100 billion club this year due to various business challenges, Bloomberg reported.

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1 min  |
December 17, 2024
Dixon may grab 1/5th of mobile assembly market with Vivo JV
Business Standard

Dixon may grab 1/5th of mobile assembly market with Vivo JV

Joint venture will make phones exclusively for Vivo

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2 mins  |
December 17, 2024
Business Standard

Vedanta okays 4th interim dividend worth ₹3,324 crore

Mining major Vedanta Ltd on Monday said its board has approved a fourth interim dividend of ₹8.5 per equity share for FY25, amounting to ₹3,324 crore.

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1 min  |
December 17, 2024
IT sector may log mid-single digit growth in FY25
Business Standard

IT sector may log mid-single digit growth in FY25

Icra report says hiring in the industry may pick up by the end of H1FY26

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1 min  |
December 17, 2024
Tata Consumer to delay plans to open some Starbucks stores
Business Standard

Tata Consumer to delay plans to open some Starbucks stores

Tata Consumer Products will push back plans for some new Starbucks store openings until later in its existing schedule as fewer customers are walking into its cafes, Tata Consumer CEO Sunil D'Souza said on Monday.

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1 min  |
December 17, 2024
Upgraded planes, tweaked timings on A-I's int'l runway
Business Standard

Upgraded planes, tweaked timings on A-I's int'l runway

Changes to come into effect from 2025

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1 min  |
December 17, 2024