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Hyundai India's growth engine roars on SUVs, capacity expansion
The carmaker's short-term gains may stall in neutral over high valuations
A revival in China?
Recent government stimulus does not solve the deeper problems
Inside Joe Biden's war room
It's not listed among the enumerated powers of the American presidency, but one of the modern expectations of the office is that Bob Woodward will write at least one book about your administration.
Water security
India must increase wastewater reuse
Small is not beautiful
India's bias against large factories is damaging
In a first, mainland native elected Macau chief executive
Former judge Sam Hou Fai (pictured) was elected chief executive-designate of China's Macau, the government said on Sunday, setting him up to be the leader of the casino-dominated area next to Hong Kong.
ECB likely to deepen global easing with rate cut
The European Central Bank (ECB) will probably advance the global push for monetary easing in the coming week with an interest-rate cut that policymakers had all but ruled out just a month ago.
Led by believers in city's future, Detroit is on rebound
On a sunny Friday morning last month, Mike Duggan, the mayor of Detroit, got behind the wheel of his black Jeep Grand Cherokee to give a tour of the city he has led for 10 years.
Dubai's allure to expats strains its infrastructure
The extent of Dubai's post-pandemic rebound was on display late last month. On the same day that Africa's richest man unveiled plans to set up his family office, Santander Group became the latest firm to bolster its wealth offering in the emirate.
MLALAD fund hike in Delhi raises poll pitch
AAP govt increases the amount to ₹15 crore, the highest in India, sparking Opposition criticism over potential misuse ahead of polls, writes ARCHIS MOHAN
Israeli tanks destroy gates of peacekeeper base: UN
Netanyahu calls on the UN to evacuate troops from combat areas in Lebanon
Counting the cost of prohibition in Bihar
The alcohol ban in the state, in force for nine years now, has not impacted education spending much, but literacy outcomes leave a lot to be desired. An analysis by INDIVJAL DHASMANA
Battlefield without soldiers
There is no sign that either alliance in Maharashtra is ready with a list of candidates for the Assembly election, writes ADITI PHADNIS
QIP fundraising hits record high this year
Buoyed by bull run, 71 firms mobilise ₹88,678 crore so far
Food items and textiles top manufacturing employers
Of the total 29 major industrial groups covered under the Annual Survey of Industries (ASI) - 'food products', which involves preserving and processing of meat, fish, crustaceans, fruits, vegetables, and dairy products among others, has the highest number of operational factories (40,508) and engaged the most significant number of people (2.1 million) in the organised manufacturing sector in the financial year 2022-2023 (FY23), showed findings from the latest ASI results released by the National Statistical Organisation (NSO).
FPIs pull out ₹58,711 crore in Oct so far
Foreign investors turned net sellers in October, withdrawing shares worth ₹58,711 crore in the month so far owing to escalating conflict between Israel and Iran, a sharp rise in crude oil prices, and the strong performance of the Chinese market. The outflow came following a nine-month high investment of ₹57,724 crore in September.
Helpful amendments, court decisions for exporters
Exporters have good news. The government has issued necessary notification omitting Rule 89(4A), Rule 89(4B), and Rule 96(10) from the Central Goods and Services Tax Rules, 2017 (CGST Rules). Two useful decisions have also come in from the courts.
Upper limit for LIC's new endowment plan reduced to 50 years
State-owned Life Insurance Corporation of India (LIC) has revised the upper limit for purchasing its new endowment plan from 55 years to 50 years, according to a communication reviewed by Business Standard. The revision is effective October 1, 2024.
Govt may disband unit tracking pre-GST evasion
DGGI expects to complete investigation in all such cases by March
Glenmark arm recalls products in US
Drug firm Glenmark is recalling two products in the US due to manufacturing issues, according to the US Food and Drug Administration (USFDA).
Lower input costs may aid pharma firms' Q2 margins
Analysts expect overall sales growth to be 10-11%
Drop in airfares on major routes lights up Diwali for customers
15% decline in oil prices may have contributed to lower ticket prices
Navi becomes 5th largest UPI player
Sachin Bansal-owned fintech firm Navi became India's fifth-largest player in UPI ecosystem in September, clocking 120.41 million transactions amounting to ₹6,549.1 crore, according to the National Payments Corporation of India (NPCI).
Women bring home the sales, delivering festival wins for e-com firms
India's e-commerce industry is increasingly creating opportunities for women, hiring them in large numbers this festival season to cater to the surge in sales.
Indians eyeing offshore firms to gain access: JM Financial
Healthcare, pharma to drive M&As in coming qtrs
CCPA tells Ola to give refund options to customers
The Central Consumer Protection Authority (CCPA) on Sunday directed ride-hailing service provider Ola Cabs to provide a clear choice to consumers to opt between a bank account transfer or a coupon when they seek refund during the grievance redressal process.
Collateral anchor: Fintech cos steer towards secured lending
This comes after RBI raised risk weights on unsecured personal loans
Reliance seeks govt intervention for fair spectrum allocation
Telecom operator Reliance Jio has sought Union Minister Jyotiraditya Scindia's intervention to get regulator the Telecom Regulatory Authority of India (Trai) to issue a revised consultation paper on a proposed spectrum allocation rule to ensure a level playing field between terrestrial and satellite players.
QIP fundraising hits record high this year
Buoyed by bull run, 71 firms mobilise ₹88,678 crore so far
SBI talent emerges high-yield asset for private sector banks
Regulatory comfort drives bank boards to appoint SBI officials for stability