CATEGORIES

Travel bookings soar as fans rush for Coldplay, Diljit concerts

Upcoming concerts of British band Coldplay in Mumbai and Indian singer Diljit Dosanjh in Chandigarh and other cities have triggered a travel rush by fans, leading to over 300 per cent surge in flight bookings, online travel agency ixigo said in a report on Wednesday.

TROUBLE IN PARADISE

Tafe and AGCO have been allies for 64 years. Tafe is the single largest shareholder in AGCO and AGCO holds nearly 21% in Tafe. Why are they suddenly fighting over Massey Ferguson?

Yellow metal set to become even pricier

Flare-up in West Asia, US elections, further rate cuts by Fed may keep fuelling bullish trend: Experts

F&O volumes hit new highs in Sep

Derivatives turnover reached record high of ₹537 trillion in September

S&P 500, Nasdaq hit 2-week lows

The benchmark S&P 500 and the Nasdaq traded near two-week lows on Wednesday as investors priced in a possible escalation in geopolitical tensions in the West Asia while a survey allayed worries about a rapid cooldown in the US labor market.

Valuation upgrades likely for PowerGrid

Power Minister Manohar Lal Khattar recently stated that the National Electricity Plan (NEP) 2023-32 for central and state transmission systems estimates a total transmission capital expenditure (capex) requirement of $110 billion (₹9.15 trillion) towards grid expansion. This is to support rising renewable penetration, green hydrogen and pumped storage capacity addition along with surging peak demand.

Chris Wood trims exposure to Indian equities by 1 point

Global head of equity strategy at Jefferies, Christopher Wood, has cut his exposure to Indian equities by one percentage point in the Asia-Pacific ex-Japan relative-return portfolio, and Australia and Malaysia by half a percentage point each in favour of China, which has seen a hike in exposure by two percentage points

Sebi's six-step plan may shake up F&O volumes

Brokers warn of possible 30-40% decline in turnover

Peak XV Partners cuts $2.8 bn fund by 16% on mkt valuation concerns

Venture capital firm Peak XV Partners, formerly known as Sequoia India and Southeast Asia, has announced a 16 per cent reduction in its 2022 vintage fund as part of a strategic shift towards investing in a \"measured manner\" amid elevated valuations in the Indian market.

Mixed outlook

Manufacturing needs diversification and jobs focus

How India shapes its development aid

BOOK REVIEW - RUP NARAYAN DAS

War on spam

Need to adopt a zero-tolerance approach

The evolving FDI realities

“Out of the question.” That was Commerce and Industry Minister Piyush Goyal's reply to Business Standard in an interview a few days ago when asked about the scope for foreign direct investment (FDI) liberalisation in multi-brand retail.

Israel-Hezbollah fight moves to Lebanon streets

Regional conflict escalates as Israel sends in infantry and armoured units to join ground ops. IDF confirms deadliest casualties in Lebanon offensive; Italy calls G7 meet. Israel's foreign minister says UN chief can't enter the country

A VC firm does something rare: Gives money back

Venture capital firms raise money — lots of it — and invest it in start-ups in hopes of generating big returns.

HK brokers swamped by 'once in a century' mania

Stock brokers in Hong Kong are having the time of their life, with a 31-year veteran describing the city's sudden rally as a \"once in a century\" event.

Japan starts to lose decades-long fancy for overseas assets

Local investors' purchase of nation's govt bonds highest in 14 years

Parties reach out to SCs in Haryana as group holds key to Assembly

In 17 SC Assembly segments, the Congress led in 11 in the 2024 Lok Sabha polls

MEA calls for restraint amid evolving West Asia tensions

New Delhi advises citizens to avoid non-essential travel to Iran

Modi inaugurates projects worth ₹84,000 crore in Jharkhand

Prime Minister Narendra Modi on Wednesday unveiled development projects worth over ₹83,700 crore in Jharkhand, reaffirming his government's commitment to the state's progress.

New external MPC members may keep markets guessing

Internal MPC members unanimous, variation in external members' vote

Energy projects may get ₹1.5 trn funding

With Uttar Pradesh's peak energy demand expected to top 53,000 megawatt (mw) by 2028, the state is expected to garner public and private sector investment of ₹1.5 trillion in the next 4 to 5 years.

IDBI Capital seeks bids for SBI-led consortium's ₹1,772 cr bad loans

IDBI Capital Markets and Securities has invited expressions of interest (EoIs) from entities interested in acquiring ₹1,772.7 crore of non-performing loans of State Bank of India (SBI)-led consortium of lenders in Bareilly Highways Project through a Swiss challenge auction on October 30.

NBFC loan sanctions ride on home, auto to rise 12% in June qtr

FIDC data shows finance firms sanctioned loans worth ₹5.08 trillion in the period

Jaipur becomes hotspot for MICE tourism

Meeting Incentive Conference and Exhibition (MICE) tourism is seeing a surge in Jaipur, thanks to events, conferences, and exhibitions like the Jaipur Literature Festival and the Jaipur Jewellery Show.

₹ overvalued vs key currencies despite new lows against $

REER likely to moderate but rupee's overvaluation to persist, say experts

SBI plans to open 600 branches in FY25: Chairman

State Bank of India (SBI) is planning to open 600 branches across the country in the current financial year in a bid to tap business opportunities in emerging areas including large residential townships.

NFRA to seek views from Big 5 on second report

Authority in process of finalising audits for 3 firms

Banks may reach out to govt on converting Vi dues into equity

Some public sector banks are planning to seek assurance from the government that it would convert part of its dues lying with Vodafone Idea (VI) into equity, according to three senior executives of banks who spoke to Business Standard on condition of anonymity. Their banks have been approached by the cash-strapped telecom company for fresh loans.

India, Brazil push to finalise GBA charter by yr-end

India and Brazil have taken up the delay in setting up the Global Biofuel Alliance (GBA) headquarters and establishing a charter, and agreed to establish both by the end of the current year, sources said.