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EYE CULTURE

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3 mins  |
October 12, 2024
Business Standard

Trump's time has come

Time waits for no man. But it seems former US President Donald Trump, who is running for a second term, is determined to make his mark on every minute. The maverick Republican presidential candidate recently unveiled a collection of luxury timepieces designed to make his diehard supporters' hearts tick a little faster.

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3 mins  |
October 12, 2024
Business Standard

JPMorgan Q3 profit beats expectations

Annual NII forecast raised; CEO Dimon cautious on geopolitical risks

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1 min  |
October 12, 2024
Musk unveils self-driving Cybercab
Business Standard

Musk unveils self-driving Cybercab

Says autonomous cars could be safer than humans; Tesla shares fall 8% in early trade

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2 mins  |
October 12, 2024
Hezbollah regroups after Israel's intense strikes
Business Standard

Hezbollah regroups after Israel's intense strikes

A man inspects the site of an Israeli airstrike that killed 22 people in Beirut on Friday

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1 min  |
October 12, 2024
Business Standard

Trump says India biggest tariff charger, vows reciprocal tax

Vowing to introduce a reciprocal tax if elected to power, former United States president Donald Trump has claimed that India imposes the highest tariffs on foreign products. But they do it with a smile, he added.

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1 min  |
October 12, 2024
Peace in South China Sea crucial for region: Modi
Business Standard

Peace in South China Sea crucial for region: Modi

Amid West Asia conflict, PM says solutions can't come from the battlefield

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2 mins  |
October 12, 2024
HOME TRUTH ABOUT INDIA'S REALTY PRICES
Business Standard

HOME TRUTH ABOUT INDIA'S REALTY PRICES

Underperformance amid lofty projections

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1 min  |
October 12, 2024
Business Standard

Bandhan Bank shares rally 12% as key overhangs resolved

Kolkata-based Bandhan Bank's share price jumped more than 12 per cent on Friday after two major uncertainties concerning the bank - the appointment of a new managing director (MD) and chief executive officer (CEO) and the outcome of the forensic audit by the National Credit Guarantee Trustee Company (NCGTC) being not worrisome as was feared - were resolved.

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1 min  |
October 12, 2024
Business Standard

Life insurers' new biz premium up 14% in Sep

Life insurance companies have reported 14 per cent year-on-year (Y-o-Y) growth in new business premium (NBP) in September, aided by a healthy surge in premiums of state-owned Life Insurance Corporation of India (LIC) and private counterparts.

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1 min  |
October 12, 2024
Business Standard

Rupee set to hold ground against greenback till Dec

Major Asian currencies versus $After depreciating 0.32 per cent against the dollar in October so far, the rupee is expected to hold ground against the greenback in the current quarter on the back of robust inflows.

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1 min  |
October 12, 2024
Business Standard

US remains largest source of FDI in India: RBI

The US continued to be the largest source of foreign direct investment (FDI) in India, followed by Mauritius, Singapore, and the UK, according to an annual census of the Reserve Bank of India.

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1 min  |
October 12, 2024
Business correspondents seek hike in commission
Business Standard

Business correspondents seek hike in commission

To knock on FinMin door; move to mark 1st refresh in a decade

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2 mins  |
October 12, 2024
Business Standard

Companies post over 90K internships on portal

The Prime Minister's Internship Scheme has registered over 90,849 opportunities as on Friday, according to sources in the Ministry of Corporate Affairs (MCA).

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1 min  |
October 12, 2024
The middle-income trap is a clear potential for India
Business Standard

The middle-income trap is a clear potential for India

India's ambition to become a developed nation by 2047 may not be realistic but the country would have a higher per capita gross domestic product (GDP) by then, KENNETH KLETZER, professor of economics at the University of California, told Ruchika Chitravanshi in an interview in New Delhi. Kletzer also said India may be benefitting a little by being non-combatant in an increasingly worrisome world. Edited excerpts:

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3 mins  |
October 12, 2024
India-EU leaders flag slow progress in FTA talks
Business Standard

India-EU leaders flag slow progress in FTA talks

Top government officials from India and the European Union (EU) on Friday acknowledged slower than expected progress in the proposed trade agreement and called for mutual cooperation and understanding to take the negotiations forward.

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1 min  |
October 12, 2024
Consider same-day loans: RBI to fintechs
Business Standard

Consider same-day loans: RBI to fintechs

Proposed product to target vendors, hawkers

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1 min  |
October 12, 2024
Business Standard

Net direct tax collection up 18.3% to ₹11.3 trn

India's net direct tax collection this financial year, after adjusting for refunds, grew 18.35 per cent to ₹11.3 trillion between April 1 and October 10.

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1 min  |
October 12, 2024
Business Standard

Amazon arm posts 134% growth on gifting store

Amazon Business, the business-to-business (B2B) online marketplace of the e-commerce firm, clocked over 134 per cent growth year-over-year (Y-o-Y) on corporate gifting store in the first 10 days of the Amazon Great Indian Festival 2024.

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1 min  |
October 12, 2024
IIP shrinks in August, a first in 22 months
Business Standard

IIP shrinks in August, a first in 22 months

More than usual rainfall, demand slowdown behind fall: Experts

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2 mins  |
October 12, 2024
Business Standard

Bangladesh likely to keep power deal with Adani

Bangladesh is likely to set aside pricing concerns and retain a power purchase pact with Adani Power, in the face of supply worries and gloomy prospects for a legal challenge, two sources with direct knowledge of the matter said.

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1 min  |
October 12, 2024
Business Standard

Oberoi Realty board's nod to raise ₹6,000 cr

Oberoi Realty's board of directors has approved raising up to ₹6,000 crore in one or more tranches, said the company in an exchange filing on Friday.

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1 min  |
October 12, 2024
Business Standard

Adani Energy inks $736 mn pact for power lines in Kenya

Billionaire Gautam Adani-led conglomerate has signed a $736 million pact to build and operate key electricity transmission lines in Kenya for 30 years, the African nation's Cabinet Secretary for Energy Opiyo Wandayi said.

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1 min  |
October 12, 2024
Games24x7 looks to branch out as technology platform
Business Standard

Games24x7 looks to branch out as technology platform

Launches accelerator programme for startups

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2 mins  |
October 12, 2024
Business Standard

Sudarshan Chemical to acquire Germany's Heubach for ₹1,180 cr

Pune-based Sudarshan Chemical Industries (SCIL) has signed a definitive agreement to acquire global pigment business operations of Germany's Heubach group for ₹1,180 crore (€127.5 million).

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1 min  |
October 12, 2024
Business Standard

Top banks lead charge at IIM-L's placements

Leading banks and top consultancy firms lined up at the Indian Institute of Management (IIM) Lucknow for summer placements, with the highest domestic stipend hitting ₹3.95 lakh per month.

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1 min  |
October 12, 2024
Business Standard

Amicus Capital invests ₹125 cr in Equirus

Private equity firm Amicus Capital on Friday announced that it had invested ₹125 crore in Equirus Group, a Rakesh Jhunjunwala-backed financial services firm, for an undisclosed stake.

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1 min  |
October 12, 2024
FMCG distributors red flag e-com, qcom firms' use of private vehicles
Business Standard

FMCG distributors red flag e-com, qcom firms' use of private vehicles

Fast-moving consumer products distributors' association has written to the Ministry of Health and Family Welfare and the Ministry of Road Transport and Highways seeking an inquiry into the use of private vehicles by quick commerce and e-commerce companies for commercial operations.

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1 min  |
October 12, 2024
Business Standard

Indian backpacker hostels chalk out global plans

Zostel, The Hosteller lead tech-driven expansion

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2 mins  |
October 12, 2024
EV mkt may grow steadily until 2030: Hyundai India
Business Standard

EV mkt may grow steadily until 2030: Hyundai India

Royalty outgo rate to be 3.5% for long period, says automaker's CFO

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2 mins  |
October 12, 2024