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August 05, 2024
A first: CNG vehicles ride past diesel in sales race
For the first time, sales of compressed natural gas (CNG) passenger vehicles in India have surpassed diesel vehicles during the first quarter of the current financial year.
2 mins
iPhone Export Surge Catapults Electronics To Podium Position
Driven by a surge in Apple iPhone exports from India, electronics has surged past gems and jewellery to secure the third spot among India's top 10 exports by the end of the April-June quarter (Q1) of 2024-25 (FY25).
![iPhone Export Surge Catapults Electronics To Podium Position](https://reseuro.magzter.com/100x125/articles/18959/1788373/n6ZYUFNRjC1Nq5kKpopsys/crp_IPHONE-EXPORT-SURGE-CATAPULTS-ELECTRONICS-TO-PODIUM-POSITION.jpg)
1 min
Relief for homeowners likely as FinMin may modify LTCG regime
One of the most hotly debated proposals of this year's Budget may see a tweak, with the finance ministry likely to provide relief to homeowners by finetuning the new long-term capital gains (LTCG) provisions announced on July 23 that seek to remove indexation benefits for unlisted assets, including property and gold.
![Relief for homeowners likely as FinMin may modify LTCG regime](https://reseuro.magzter.com/100x125/articles/18959/1788373/yZDBaOlPQFi4jfQ6YAasys/RELIEF-FOR-HOMEOWNERS-LIKELY-AS-FINMIN-MAY-MODIFY-LTCG-REGIME.jpg)
2 mins
RBI may hold repo rates amid high food prices
Most respondents expect rate cuts from Dec; change in stance unlikely
2 mins
Centre to limit surrogate ads promoting liquor brands
The government is set to announce sweeping rules that will bar surrogate ads and sponsoring of events, which could force firms such as Carlsberg, Pernod Ricard, and Diageo to redraw marketing campaigns.
1 min
Hinduja group did not deposit funds for RCap acquisition: Administrator
The Hinduja group has not deposited funds to acquire Reliance Capital (RCap) in the designated accounts of the lenders despite making the highest offer, which is a \"contempt of the court\", the Administrator of the debt-ridden firm informed the National Company Law Tribunal (NCLT).
![Hinduja group did not deposit funds for RCap acquisition: Administrator](https://reseuro.magzter.com/100x125/articles/18959/1788373/LAfJNT2XBltg5wOZgf5sys/HINDUJA-GROUP-DID-NOT-DEPOSIT-FUNDS-FOR-RCAP-ACQUISITION-ADMINISTRATOR.jpg)
1 min
Lenders vote to liquidate Go First
The committee of creditors (CoC) of defunct airline Go First have unanimously decided in favour of liquidating the company as bids by prospective resolution applicants were below expectations, a source aware of the development, said.
1 min
IT workers rally in B'luru to protest 14-hr workday proposal
In a rare protest within the information technology (IT) and ITenabled services (ITeS) sector, hundreds of employees gathered at Freedom Park in Bengaluru on Saturday to oppose a proposal to amend the Karnataka Shops and Commercial Establishments Act to allow for a 14-hour workday.
![IT workers rally in B'luru to protest 14-hr workday proposal](https://reseuro.magzter.com/100x125/articles/18959/1788373/jcI3ZZIRVJ3ANFFQde9sys/IT-WORKERS-RALLY-IN-BLURU-TO-PROTEST-14HR-WORKDAY-PROPOSAL.jpg)
2 mins
Awaiting policy on hybrids, green tech: Bhargava
Maruti Suzuki India Limited (MSIL) is awaiting a government policy framework to promote all green technologies, including strong hybrids, to replace petrol and diesel vehicles and reduce carbon dioxide emissions, chairman R C Bhargava said on Sunday.
![Awaiting policy on hybrids, green tech: Bhargava](https://reseuro.magzter.com/100x125/articles/18959/1788373/l40AGFbV6oifJNOmkKSsys/AWAITING-POLICY-ON-HYBRIDS-GREEN-TECH-BHARGAVA.jpg)
2 mins
FMCG firms begin to see volumes growth revival
Companies expect the trend of rural outpacing urban to continue
2 mins
'Cheap Chinese imports hurting domestic market'
Tata Steel chief says this may impact steel firms' capex plans
!['Cheap Chinese imports hurting domestic market'](https://reseuro.magzter.com/100x125/articles/18959/1788373/TuLbLArCQc37tWAF2Krsys/CHEAP-CHINESE-IMPORTS-HURTING-DOMESTIC-MARKET.jpg)
2 mins
Scaling up not a challenge anymore, says Waaree CFO
Scaling up is not a challenge any more for Waaree Renewable Technology Ltd (WRTL), one of the country's largest solar engineering, procurement, and construction companies, Chief Financial Officer Dilip Panjwani told Business Standard.
![Scaling up not a challenge anymore, says Waaree CFO](https://reseuro.magzter.com/100x125/articles/18959/1788373/gykjugzna8TpUgHeQmvsys/SCALING-UP-NOT-A-CHALLENGE-ANYMORE-SAYS-WAAREE-CFO.jpg)
1 min
On Crypto Bourses Table, A Reparation Fund For Clients
Traditional insurance products for crypto difficult ask: Experts
![On Crypto Bourses Table, A Reparation Fund For Clients](https://reseuro.magzter.com/100x125/articles/18959/1788373/wSi9fBm8pHCm3qhbSCNsys/crp_ON-CRYPTO-BOURSES-TABLE-A-REPARATION-FUND-FOR-CLIENTS.jpg)
2 mins
NBFC growth may take a hit as banks show funding reluctance
Non-banking financial companies (NBFCs) may witness a period of subdued growth as banks are slowing down funding following higher risk weights, amid tighter liquidity conditions.
![NBFC growth may take a hit as banks show funding reluctance](https://reseuro.magzter.com/100x125/articles/18959/1788373/8wE9DSViB6I92dqCiDXsys/NBFC-GROWTH-MAY-TAKE-A-HIT-AS-BANKS-SHOW-FUNDING-RELUCTANCE.jpg)
2 mins
India FTA with Oman hits market-access roadblock
Differences over access to petrochemical products major bone of contention
![India FTA with Oman hits market-access roadblock](https://reseuro.magzter.com/100x125/articles/18959/1788373/SfUYy277zw3D7mwaMGCsys/INDIA-FTA-WITH-OMAN-HITS-MARKETACCESS-ROADBLOCK.jpg)
2 mins
India eyes duty concessions from Lanka
India is seeking customs duty concession on a number of goods including cars, commercial vehicles and machinery from Sri Lanka under a comprehensive freetrade agreement (FTA), talks for which are underway, an official said.
1 min
'Allocated ₹633 cr for ECL provisions'
IBALDEV PRAKASH is the first MD & CEO of Jammu & Kashmir Bank after the post of chairman and managing director was split. Prakash talks about the strategies that were put in place to improve governance and compliance in an interview with Manojit Saha in Mumbai.
!['Allocated ₹633 cr for ECL provisions'](https://reseuro.magzter.com/100x125/articles/18959/1788373/YptzqubTz4udeMtnLetsys/ALLOCATED-633-CR-FOR-ECL-PROVISIONS.jpg)
3 mins
Omkara ARC to buy ₹6K cr NPA book of SASF
Trumps NARCL to bag erstwhile IDBI's bad loans
![Omkara ARC to buy ₹6K cr NPA book of SASF](https://reseuro.magzter.com/100x125/articles/18959/1788373/lC6u2giSVRAZYErDgcSsys/OMKARA-ARC-TO-BUY-6K-CR-NPA-BOOK-OF-SASF.jpg)
1 min
Profit up at ₹287 cr on higher interest income
Q1 net profit, operating profit, and interest income highest for any qtr
1 min
RINL stake sale plan may pick up pace this yr
The process of the government selling its stake in the Visakhapatnam steel plant, or Rashtriya Ispat Nigam Ltd (RINL), is expected to accelerate this financial year (FY25).
![RINL stake sale plan may pick up pace this yr](https://reseuro.magzter.com/100x125/articles/18959/1788373/5CByJF3Xqmkvgjl4tFusys/RINL-STAKE-SALE-PLAN-MAY-PICK-UP-PACE-THIS-YR.jpg)
1 min
Govt must take note of CEA's warning on China
Last week, our Minister for Commerce and Industry Piyush Goyal scotched all speculation on whether the government would accept the recommendations of the chief economic adviser (CEA) in the Economic Survey to consider facilitating investments from Chinese companies.
2 mins
India-EU business gets a voice
Federation of European Business in India expects to become the go-to agency for EU companies in India, writes ADITI PHADNIS
4 mins
Bills to amend banking, oilfield laws likely in House this week
The Union government is likely to introduce three Bills in Parliament this week-one to amend banking laws, another to bring changes to the Oilfields (Regulation and Development) Act, and a third to provide for the representation of Scheduled Tribes (STS) in the Goa Assembly.
1 min
Cauldron of Dalit politics boiling after SC judgment
The ruling on sub-classification within SCs and STs has sparked sharp reactions from several political parties and activists alike, reports ARCHIS MOHAN
3 mins
'Vetri' for Kamala Harris: Ancestral village in TN awaits her triumph
Prayers, posters, and political hopes-SHINE JACOB discovers how Thulasendrapuram is rooting for her presidential bid in US
!['Vetri' for Kamala Harris: Ancestral village in TN awaits her triumph](https://reseuro.magzter.com/100x125/articles/18959/1788373/ufNc0rWYsISx8dmW7sssys/VETRI-FOR-KAMALA-HARRIS-ANCESTRAL-VILLAGE-IN-TN-AWAITS-HER-TRIUMPH.jpg)
2 mins
Meta in talks to use voices of Judi Dench, Awkwafina, and others for AI
Meta is in discussions with Judi Dench, Awkwafina (pictured), and other actors and influencers for the right to incorporate their voices into a digital assistant product called MetaAI, according to three people with knowledge of the talks, as the company pushes to build more products that feature artificial intelligence.
![Meta in talks to use voices of Judi Dench, Awkwafina, and others for AI](https://reseuro.magzter.com/100x125/articles/18959/1788373/6q10Gb8xdcgGT5EJdzZsys/META-IN-TALKS-TO-USE-VOICES-OF-JUDI-DENCH-AWKWAFINA-AND-OTHERS-FOR-AI.jpg)
2 mins
Open to dialogue with Army: Imran Khan
Pakistan's jailed former prime minister, Imran Khan, who blames the military for his ouster and 12-month-old imprisonment on what he calls trumped-up charges, said on Sunday it would be \"foolish\" not to have \"excellent\" relations with the Army.
![Open to dialogue with Army: Imran Khan](https://reseuro.magzter.com/100x125/articles/18959/1788373/GdxDmeahnj3jq3zBhXjsys/OPEN-TO-DIALOGUE-WITH-ARMY-IMRAN-KHAN.jpg)
1 min
91 killed as fresh bout of violence erupts in B'desh
India issues advisory asking its citizens there to 'stay alert'
![91 killed as fresh bout of violence erupts in B'desh](https://reseuro.magzter.com/100x125/articles/18959/1788373/g3YF0W4SF7dDeaL6cdcsys/91-KILLED-AS-FRESH-BOUT-OF-VIOLENCE-ERUPTS-IN-BDESH.jpg)
1 min
US jobs report sends global markets careening off track
NIFTY'S NEXT MOVE: A possible 200-500 point drop
2 mins
Reading the vital signs: Pharma, the market's trusted antidote
Pharma index was the only healthy pulse amid Friday's market declines
![Reading the vital signs: Pharma, the market's trusted antidote](https://reseuro.magzter.com/100x125/articles/18959/1788373/oVH5V6PsmhcVwv1en66sys/READING-THE-VITAL-SIGNS-PHARMA-THE-MARKETS-TRUSTED-ANTIDOTE.jpg)
2 mins
Old tax regime not an option for those filing belated returns
The ability to carry forward losses also gets restricted, except those from house property
![Old tax regime not an option for those filing belated returns](https://reseuro.magzter.com/100x125/articles/18959/1788373/M91zkKBMtGIqx7eLiotsys/OLD-TAX-REGIME-NOT-AN-OPTION-FOR-THOSE-FILING-BELATED-RETURNS.jpg)
3 mins
GenAl That Works For Indian Defence
Large language models, the core of the technology, have been repurposed for the sector, reports Ashutosh Mishra
![GenAl That Works For Indian Defence](https://reseuro.magzter.com/100x125/articles/18959/1788373/TNiWilZ4KLFL8SlKVEbsys/crp_GENAL-THAT-WORKS-FOR-INDIAN-DEFENCE.jpg)
3 mins
Microbes are helping businesses becomegreen
Enzymes, microbes and yeast are driving global industries to climate-friendly processes.
2 mins
No rate cut, but dovish undertone likely
The stance can be changed, and if that doesn't happen, hawkish underdone will not continue
5 mins
THE FAME GAME
As EV subsidies transition from FAME to EMPS and beyond, how is the industry coping?
![THE FAME GAME](https://reseuro.magzter.com/100x125/articles/18959/1788373/W3pZEEQFvL3XlrSaCFssys/THE-FAME-GAME.jpg)
4 mins
Fuelling the world's VFX machine
History and tech power have ensured India remains at the forefront of global visual effects biz
![Fuelling the world's VFX machine](https://reseuro.magzter.com/100x125/articles/18959/1788373/95vJvDP0jmBsq1RfCY2sys/FUELLING-THE-WORLDS-VFX-MACHINE.jpg)
4 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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