CATEGORIES

Banks' deposit growth further declines to 10.6%

Deposit growth in commercial banks further slowed down to 10.64 per cent for the fortnight ending June 28, the latest data released by the Reserve Bank of India (RBI) showed.

Work contracts may be offered on GeM

The national public procurement portal -Government e-Marketplace (GeM) is planning to bring work contracts under its ambit, as part of the government's 100day agenda.

Oil, gas exploration offers $100 bn opportunity: Puri

Officials say oil-marketing companies in talks with Russia for long-term deal

140 mn HDFC, Axis customers may face service interruption

As many as 140 million customers of HDFC Bank and Axis Bank are expected to face interruption in banking services in the weekend due to the former's system upgrade and the transition of Citi India business to the latter.

MF funding to NBFCs continues to grow

Stays above ₹2 trn mark for second month on the trot

History scripted as mothership lands at Vizhinjam port

Adani Vizhinjam Group's International Seaport, Thiruvananthapuram, India's inaugural transshipment hub and deepwater container terminal, made history on Thursday by commencing operations and receiving its first mothership as part of a trial run.

Forex earnings from tourism at 1-year low

Foreign exchange earnings from tourism in India are growing at less than 2 per cent.

Qutub Minar dethrones Agra Fort in historic tourist shift

Qutub Minar, a 13th-century marvel constructed by the Delhi Sultanate, has surpassed the Mughal Empire's Agra Fort to become the second most visited monument by foreigners in 2023-24, according to visitor statistics from the Archaeological Survey of India (ASI) reviewed by Business Standard.

Global value chains, rural boost discussed

Meeting attended by Sitharaman, CEA, Cabinet secy, NITI officials

Too early to talk rate cut, won't give guidance: Das

RBI guv says expected credit loss norms in final state of examination, should be out in current financial year

Small businesses may launch 3,200 products on Prime Day

Small business owners will launch over 3,200 new products and offer deals on millions of other items across various categories such as home and fashion on Amazon during the e-commerce firm's two-day Prime Day event, the company said.

Adani Wilmar to buy 67% in Omkar Chemicals

In a move aimed at expanding its footprint in the speciality chemical industry, Adani Wilmar Limited (AWL) on Thursday announced the acquisition of a 67 per cent stake in Omkar Chemicals Industries Private Limited (OCIPL), a Gujarat-based speciality chemicals firm.

Brookfield to invest $550 mn in TN green firm

Canadian asset management firm Brookfield on Thursday announced an equity investment of $550 million (₹4596.3 crore) in Leap Green Energy, a renewables platform based in Tamil Nadu and focused on providing clean energy solutions to commercial and industrial (C&I) customers.

TCS added over 5,000 employees in Q1FY25

First firm after Accenture to announce net addition in headcount

Top 100 realtors see 70% value leapin ayr: Hurun

The cumulative valuation of the top 100 real estate companies in India rose by 70 per cent in the 12 months ending on May 31, 2024, according to a report released on Thursday.

In push to widen EV reach, Ola's Aggarwal wants incentives to go on

Leading electric two-wheeler startups have joined the battle over subsidy as the Union Budget draws closer.

Budget may relax compliance with Customs rules

The Centre might propose a raft of changes in the Customs rules to weed out duty anomalies, retain certain exemptions, and improve compliance in the upcoming Union Budget.

TCS meets estimates, but macro challenges persist

Q1 profit up 8.7%; margins rise despite salary hike; Al, genAl pipeline doubles

Microsoft, Apple Drop OpenAI Board Plans As Scrutiny Grows

Microsoft and Apple dropped plans to take board roles at OpenAI in a surprise decision that underscores growing regulatory scrutiny of Big Tech's influence over artificial intelligence (AI).

Investors cheer as dairy stocks turn cash cows

Analysts say momentum to continue in near to medium term

Global gold ETFs see worst H1 in 11 years

Shed $6.7 billion in Jan-Jun; holdings drop by 120 tonnes

IPO frenzy yields hefty gains for retail investors

Shares listed this year up 57% on average

Optimism in MGL stock appears fully priced in

Mahanagar Gas (MGL) has just hiked prices for compressed natural gas (CNG) and domestic piped natural gas (PNG) in the Mumbai Metro Area.

ECM fee pool at 17-year high as activity up 2.5x

The fee pocketed by investment banks for handling equity share sales stood at $244 million during the first half of calendar year 2024.

Markets catch their breath after hitting record highs

Losses in M&M, HDFC Bank, and TCS drag indices down

E2W industry on 'amazing transformation' path: Ather CEO

Indian electric two-wheeler industry is on an 'amazing transformation' and policy support is a crucial signal to all stakeholders that the government stays committed to a 100 per cent electric vision, Ather Energy Co-founder & CEO Tarun Mehta said on Wednesday.

LIGHTS...CAMERA...ACTION & RECOVERY

India's box office roars to life, grossing 5,053 crore in the first half of 2024

Employment condition

The new data set raises questions

Equalising the playing field

Two developments this month have brought into stark focus the practical issues embedded in the vexed issue of increasing gender diversity in the workplace.

Strategic independence

Russia visit ticked the right boxes