Business Standard - July 01, 2024
Business Standard - July 01, 2024
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July 01, 2024
Not just China, all PLI-led visas being fast-tracked: Goyal
100-day agenda a work in progress, says minister
2 mins
India takes first steps to meet 2070 net-zero goal
NITI Aayog forms six panels to prepare transition plan
3 mins
'Too many regulations may kill innovation'
For AIMAN EZZAT, chief executive officer (CEO) of Paris-headquartered Capgemini Group, the current phase is the most exciting in the last six-seven years. He tells Shivani Shinde in Mumbai, during his recent India visit, that there are two reasons for this. First, IT services players are more visible across client organisations. The partnership with clients is more strategic and integral. Two, is the evolution of technology and its convergence with businesses, making them look for partners in their tech journey. He also talks about the hype around Gen Al, among other things. Edited excerpts:
3 mins
Aim to make India core in global energy revolution: Ola Electric
In March 2021, Ola Electric founder Bhavish Aggarwal was seen surveying an empty 500-acre land surrounded by shoe factories, temples, bakery shops, coconut trees and dusty roads in Pochampalli town of Krishnagiri district, Tamil Nadu.
3 mins
e2W registrations flat in June quarter
India's electric two wheeler registrations were flat in the first quarter (Q1) of FY25, showing a growth of a mere 1.6 per cent over the same period last year.
1 min
No credit card transactions via fintechs for some banks
Beginning July 1, credit card users will be unable to make repayments on third party fintech applications for banks that have not come on board Bharat Bill Payments System (BBPS).
2 mins
Xpost that built Bujji, Jayem Auto's 6-tn beast for Kalki
A post on X to Mahindra Group Chairman Anand Mahindra by Telugu film director Nag Ashwin led to a series of events culminating in the creation of a futuristic car that drives on three wheels - Bujji, a central character in the sci-fi flick Kalki 2898 AD.
1 min
Russia for 10 nations as Brics partners
India yet to take decision
1 min
Railways asks SAIL to boost output
Amid a Red Sea-induced temporary crisis of imported forged wheels, the Ministry of Railways has asked Steel Authority of India (SAIL) to streamline its rolling stock manufacturing operations and prioritise meeting its delivery commitments following the April-June quarter (Q1) of 202425 (FY25), according to senior officials.
2 mins
Colending yet to take off over 'multiple issues': Experts
The bank-NBFC (non-banking financial company) colending model, introduced by the Reserve Bank of India (RBI) in 2018, is yet to take off fully due to multiple issues, said industry players.
2 mins
Soft-spoken village boy set to occupy SBI's corner office
For Challa Sreenivasulu Setty, from a rural financier's family in Andhra Pradesh, entering the banking profession was a natural progression.
3 mins
Centre takes up reins of mine prospecting
The Centre has introduced a new scheme allowing itself to issue mineral exploration licences for all major minerals, excluding atomic minerals, to private agencies.
1 min
Regional beverage brands cool & trendy this summer
Several of them increase penetration and expand market share
2 mins
Zero FIR, e-reporting become new reality
Three new criminal laws will be implemented nationwide from Monday amid the Centre's reassurances that the criminal justice system is prepared to deal with the changes.
3 mins
Venkaiah garu: Life in service of Bharat
Today, India's former vice-president and respected statesman Shri M Venkaiah Naidu garu turns 75.
5 mins
'Congratulate India for reposing faith in Constitution'
In his first Mann Ki Baat radio broadcast after assuming office for a third term, Prime Minister Narendra Modi said on Sunday that people expressed their unwavering faith in the country's Constitution and democratic process in the \"world's biggest\" polls in which over 65 crore of them voted.
1 min
Hemant by side, Champai makes swift populist moves
The INDIA bloc govt in Jharkhand is hurriedly unveiling schemes ahead of the Assembly polls, even as the BJP reaches out to tribals
3 mins
Loosening purse strings, strategically
The Mahayuti govt in Maharashtra has treaded a populist path in the FY25 Budget in a bid to woo voters ahead of the Assembly polls but has shown fiscal prudence.
2 mins
A significant coming together
India-Bangladesh relations find expression in several areas such as sharing inland waterways and power
4 mins
French Far Right eyes historic win in high-stake elections
Country witnesses record turnout in the 1st round; final to take place on July 7
1 min
Netanyahu vows to fight on as mediators seek new path to talks
Israel is committed to fighting Hamas until the Iran-backed militant group is eliminated and all the other goals of the war are achieved, Prime Minister Benjamin Netanyahu said on Sunday.
1 min
Temple trail: Sunak, Starmer woo British Hindu voters
On the final weekend of campaigning ahead of the UK general election on Thursday, both Prime Minister Rishi Sunak and Labour Leader Keir Starmer, have hit the temple trail to woo British Hindu voters.
1 min
48 hours to fix a 90-minute mess: Inside Biden camp's post-debate frenzy
In the wee hours of Friday morning, not long after President Biden had walked off the stage from a disastrous debate, his campaign chair, Jen O'Malley Dillon, acknowledged ina series of private calls with prominent supporters that the night had gone poorly but urged them not to overreact.
2 mins
BIS sends govt debt warning before key polls
The Bank for International Settlements (BIS) warned on Sunday that rising government debt levels amid a number of major elections this year could roil global financial markets.
1 min
Robots in your veins
A central conviction held by artificial intelligence (AI) boosters, but largely ignored in public discussions of the technology, is that the ultimate fulfillment of the AI revolution will require the deployment of microscopic robots into our veins.
3 mins
Welcome regulation
Sebi's new rules and clarifications will aid market operation:
2 mins
India's new trilemma
...Kids, jobs, emigration
4 mins
Course correction
FDI fall shows need for reform and openness
2 mins
How to curb speculation in F&Os
Speaking at a press conference last Thursday, Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India (Sebi), expressed concern over massive speculative volumes in derivatives trading.
4 mins
Small cash is a big deal
The micro-ATM channel has held its own despite growth in digital payments and pricing not being raised
4 mins
Finance World's Question To Self: Too Many Regulators Within?
From fintech to urban cooperatives, a host of industry associations have expressed interest in becoming self-regulatory organisations
3 mins
Window opens to give urban cooperative banks an uplift
In many countries, cooperative credit societies - also known as credit unions - have established significant importance and presence.
2 mins
BALANCING ACT
After a challenging year post-merger, HDFC Bank looks poised for a strategic path forward
5 mins
A milestone on bond street
India's entry into the global bond index is a great sentiment-booster, but much of it has already been factored in
5 mins
They came, they conquered
After World T20 win, Indian cricket begins transition period with Sharma, Kohli and Jadeja announcing retirement from shortest format in international cricket
3 mins
The quiet achiever: Conservative by nature, bold in returns
UTI Money Market Fund, launched in April 1997, has consistently ranked in the top 30th percentile of the money market fund category in the CRISIL Mutual Fund Ranking (CMFR) for three consecutive quarters through March 2024.
1 min
'Government unlikely to choose fiscal profligacy'
\"You will not lose money if you take a medium-to-long-term view of India.But in the short term, I am not comfortable, as the current rally is purely liquidity-driven,\" observes RAJ BHATT, chairman and chief executive officer of Elara Capital. In an interview with Sundar Sethuraman, Bhatt says India stands out globally because of its financial discipline. Edited excerpts:
2 mins
Jubilant to deliver extra cheese on value, with slice of pizza recovery
Domino's Indian franchise gains steam as pizza outpaces burger rivals amid shifting market dynamics
3 mins
Mid-year portfolio review: Trim equity exposure after surge
Enhance term cover if liabilities have increased; boost health coverage to match medical inflation
3 mins
Perils of keeping surplus money in bank accounts
In the 1970s, Jack, a United States (US) citizen, wanted to marry Anna, a citizen of the Communist Soviet Union.
2 mins
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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