CATEGORIES

Business Standard

Employment by contract

Contractualisation is affecting employment quality

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2 mins  |
November 06, 2024
Business Standard

Underwhelming economics Nobel

The three winners this year explain little that we didn't already know. What they don't reveal would fill an encyclopedia

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5 mins  |
November 06, 2024
Business Standard

Carbon debt: An unjust load on Global South

On the recommendation of Ed Conway, the author of the deservingly highly acclaimed book, The Material World, I purchased More and More and More: An all-consuming history of energy by Jean-Baptiste Fressoz.

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5 mins  |
November 06, 2024
Business Standard

Decoding US presidential election

In the United States, a candidate becomes president not by winning a majority of the national popular vote but through a system called the Electoral College, which allots electoral votes to the 50 states and the District of Columbia based on their population. Here are some of the rules:

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2 mins  |
November 06, 2024
Business Standard

Saudi Aramco keeps $31 bn payout despite lower profit

Aramco held its quarterly dividend at $31 billion, despite lower profit, as Saudi Arabia's multitrillion-dollar economic transformation plans widen the budget deficit.

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1 min  |
November 06, 2024
Count me in, count me out: US elections on razor edge
Business Standard

Count me in, count me out: US elections on razor edge

The dizzying presidential contest between Republican Donald Trump and Democrat Kamala Harris hurtled towards an uncertain finish on Tuesday as millions of Americans headed to the polls to choose between two sharply different visions for the country.

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4 mins  |
November 06, 2024
Business Standard

Chinese red tape leaves major deals in limbo

'Can pull off economic recovery'

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1 min  |
November 06, 2024
Boeing workers vote to accept new deal
Business Standard

Boeing workers vote to accept new deal

Boeing's US West Coast factory workers accepted a new contract offer on Monday, ending a bitter seven-week strike that halted most jet production and deepened a financial crisis at the troubled planemaker.

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1 min  |
November 06, 2024
LOCAL SCHEME, VOCAL DEBATE
Business Standard

LOCAL SCHEME, VOCAL DEBATE

Detractors say schemes like MPLAD seriously erode the notion of separation of powers as the legislator directly becomes the executive while implementing them

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5 mins  |
November 06, 2024
Parliament winter session from Nov 25
Business Standard

Parliament winter session from Nov 25

The Winter session of Parliament is scheduled to begin on November 25 and continue till December 20, Parliamentary Affairs Minister Kiren Rijiju said on Tuesday.

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1 min  |
November 06, 2024
Business Standard

India makes formal bid to host 2036 Olympics

India has submitted a letter of intent, expressing its desire to host the 2036 Olympic and Paralympic Games, to the International Olympic Committee's Future Host Commission, taking the first concrete step in an ambitious plan after months of informal dialogue with the IOC.

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1 min  |
November 06, 2024
Business Standard

'Treat all equally': SC junks ruling against UP madrassas

CJI-led Bench says 2004 law doesn't violate principle of secularism

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2 mins  |
November 06, 2024
Political space given to extremists: EAM
Business Standard

Political space given to extremists: EAM

External Affairs Minister S Jaishankar on Tuesday took a strong exception to the Hindu temple incident in Brampton and said it tells in a way the \"political space\" which is being given to \"extremist forces\" in Canada.

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1 min  |
November 06, 2024
Business Standard

Titan profit falls 23% on Customs duty cut

Titan Company's net profit in the second quarter this financial year (FY25) fell 23.1 per cent due to Customs duty reduction.

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1 min  |
November 06, 2024
Business Standard

JK Tyre profit drops for first time in 2 years

JK Tyre & Industries reported its first quarterly profit fall in two years on Tuesday, hurt by weak tyre sales to car, bus and truck makers.

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1 min  |
November 06, 2024
Business Standard

DRL reports 9% decline in PAT

Hyderabad-based Dr Reddy's Laboratories (DRL) posted a 9.5 per cent year-on-year (Y-o-Y) decline in its consolidated profit after tax (PAT) at ₹1,341.9 crore for Q2FY25, while clocking in its highest-ever revenue from operations during the period, which were up by 16.5 per cent to ₹8,016.1 crore.

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1 min  |
November 06, 2024
Business Standard

Berger Paints posts flat revenues amid prolonged rainfall

Coatings major Berger Paints India on Tuesday reported a 7.6 per cent decline in consolidated net profit to ₹270 crore for the second quarter of the financial year 2024-25.

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1 min  |
November 06, 2024
Business Standard

Oil India net rises 3.8x on low base

State-owned Oil India Limited consolidated net profit rose 3.79 times, attributable to the owners of the company for the second quarter of FY25.

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1 min  |
November 06, 2024
Business Standard

Standalone health insurers' share in retail segment zooms

The share of standalone health insurers (SAHIs) in the retail health insurance segment rose to 57 per cent of the Gross Direct Premium Income (GDPI) worth nearly ₹18,000 crore in the April-August period of FY25.

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1 min  |
November 06, 2024
Business Standard

Bharat Connect clocked ₹1 trn in transaction value in Oct

Bill payments platform Bharat Connect processed transactions totaling ₹1 trillion in October, recording 239.31 million transactions.

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1 min  |
November 06, 2024
Business Standard

NARCL looks to acquire over ₹2,800 crore of stressed loans

Emerges frontrunner to buy NPAs in Bareilly Highways, Mumbai Metro One

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1 min  |
November 06, 2024
Business Standard

Manappuram Finance profit rises 2%

Gold loan company Manappuram Finance's (MFL) consolidated net profit rose by just 2 per cent year-on-year (Y-o-Y) to ₹572.1 crore in Q2FY25 amid a sharp rise in provisions related to impairment of financial instruments.

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1 min  |
November 06, 2024
IBBI proposes mediation for operational creditors
Business Standard

IBBI proposes mediation for operational creditors

The Insolvency and Bankruptcy Board of India (IBBI) has proposed revised regulations to allow operational creditors to opt for voluntary mediation before starting insolvency proceedings against a company.

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1 min  |
November 06, 2024
Managerial roles' share wanes, workers' rises
Business Standard

Managerial roles' share wanes, workers' rises

Experts say it's due to automation, increase in contractual hiring

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1 min  |
November 06, 2024
Business Standard

Ocean freight rates rise for 1st time since July

Drewry World Container Index up 4% ahead of Christmas, New Year rush

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1 min  |
November 06, 2024
Kharif rice production expected to grow 6%
Business Standard

Kharif rice production expected to grow 6%

Pulses output in this season projected to be the lowest in nine years

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2 mins  |
November 06, 2024
Business Standard

Shadow lenders retreat as bad loans rise amid crackdown

Six years after the country's shadow-banking sector blew up, pockets of stress are building again, prompting firms to start pulling back amid scrutiny from the Reserve Bank of India (RBI).

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2 mins  |
November 06, 2024
Business Standard

Oberoi family feud: HC allows Anastasia to attend AGM

The Delhi High Court (HC) allowed Anastasia Oberoi, daughter of the late Prithvi Raj Singh (PRS) Oberoi, to attend the Annual General Meeting (AGM) on Tuesday, amid the ongoing inheritance battle over the Oberoi hotel empire.

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1 min  |
November 06, 2024
India's domestic air tariff up 43% in 5 yrs, just behind Vietnam
Business Standard

India's domestic air tariff up 43% in 5 yrs, just behind Vietnam

India has recorded the second-highest increase in domestic airfares in the Asia-Pacific (APAC) and West Asian regions, climbing by 43 per cent in the first half of 2024 compared to pre-pandemic levels in 2019, second only to Vietnam (63 per cent).

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1 min  |
November 06, 2024
Business Standard

A bitter brew as rising costs stir tea market

Erratic rainfall results in production loss of 76.73 million kg

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2 mins  |
November 06, 2024