CATEGORIES

Municipal corp's plan revisions deemed illegal
Business Standard

Municipal corp's plan revisions deemed illegal

Seven buildings constructed by Seth Developers formed seven societies without the builder's cooperation, leading to several grievances among the residents.

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2 mins  |
June 24, 2024
Buy deferred annuity plan for guaranteed lifetime income
Business Standard

Buy deferred annuity plan for guaranteed lifetime income

Given the fixed pension amount, invest part of your retirement corpus in growth assets to counter inflation

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4 mins  |
June 24, 2024
PSU giants roar back, match Nifty's decade returns
Business Standard

PSU giants roar back, match Nifty's decade returns

Once left behind, PSU stocks close performance gap after 6-year slump

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2 mins  |
June 24, 2024
Hotel stocks to find suite spot in medium term despite Q1 chill
Business Standard

Hotel stocks to find suite spot in medium term despite Q1 chill

ROOM WITH A VIEW: Lemon Tree Hotels, Samhi Hotels top picks on brokerage rankings menu

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3 mins  |
June 24, 2024
Business Standard

US responsible for attack on Crimea: Russia

Russia said on Sunday that the United States was responsible Russian-annexed Crimean penfor a Ukrainian attack on the insula with five US-supplied missiles that killed at least five people including three children and injured 124 more.

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1 min  |
June 24, 2024
Global investors turn cautious on once-favourite Japanese stocks
Business Standard

Global investors turn cautious on once-favourite Japanese stocks

Japan's record share market rally earlier this year is looking like a distant memory as foreign investors sell off stocks in a sluggish economy.

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2 mins  |
June 24, 2024
Yaccarino rejigs Xamid Musk's pressure on costs
Business Standard

Yaccarino rejigs Xamid Musk's pressure on costs

The chief executive of social media platform X, Linda Yaccarino, has shaken up her inner circle in the face of pressure from owner Elon Musk (pictured) to boost sales and cut costs, the Financial Times (FT) said on Sunday.

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1 min  |
June 24, 2024
Business Standard

China, EU to hold talks on EV tariffs

China and the European Union (EU) agreed to start talks on the bloc's plans to impose tariffs on electric vehicles (EVs) imported from the Asian nation.

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1 min  |
June 24, 2024
In hustle to catch up on AI, Apple turns to Meta
Business Standard

In hustle to catch up on AI, Apple turns to Meta

Rivals hold talks on potentially integrating Meta's GenAl model with Apple Intelligence

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1 min  |
June 24, 2024
Business Standard

US-Vietnam trust at an all-time high: US envoy

A senior US diplomat held talks in Vietnam on Saturday and said that the trust between the two countries was at an \"all-time high\", just days after Russian President Vladimir Putin's state visit to Hano.

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1 min  |
June 24, 2024
Business Standard

Egypt cracks down on tourism firms

After hundreds of pilgrims died in the scorching desert heat during the annual Hajj pilgrimage to Mecca, the Egyptian government announced on Saturday that it had suspended the licenses of 16 tour companies that had facilitated travel for some pilgrims to Saudi Arabia.

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1 min  |
June 24, 2024
Can Congress be third-time lucky in Haryana?
Business Standard

Can Congress be third-time lucky in Haryana?

Anti-incumbency against BJP and farmer protests favour the Oppn party, but analysts say the election outcome hinges on coalition dynamics and multi-cornered contests

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3 mins  |
June 24, 2024
House test for govt amid exam row
Business Standard

House test for govt amid exam row

It's rare for a special session to begin on a fractious note with NDA, Oppn bloc engaged in war of words over appointment of pro-tem Speaker.

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3 mins  |
June 24, 2024
GST on oil boils down to revenue concerns
Business Standard

GST on oil boils down to revenue concerns

Despite Constitutional provisions, inclusion of petrol and diesel under GST framework remains a distant dream.

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3 mins  |
June 24, 2024
Business Standard

ICAI, govt discuss road map to create big Indian companies

The Institute of Chartered Accountants of India (ICAI) has held discussions with ministry of corporate affairs (MCA) secretary Manoj Govil on the 'Aggregation of CA Firms' and the roadmap to create big Indian firms, a press statement by ICAI said.

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1 min  |
June 24, 2024
"Too high real repo rate could have adverse effects on demand, supply'
Business Standard

"Too high real repo rate could have adverse effects on demand, supply'

ASHIMA GOYAL, emeritus professor, Indira Gandhi Institute of Development Research, and an external member of the Reserve Bank of India's (RBI's) Monetary Policy Committee (MPC) voted in favour of a 25 basis points (bp) cut in repo rate in the June policy meeting against the majority view of status quo. Goyal indicates a growth sacrifice of 1 percentage point - FY25 GDP growth is projected at 7.2 per cent compared to 8.2 per cent in FY24 - if the repo rate is kept unchanged for the next six months, in an email interview with Manojit Saha. Edited excerpts:

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2 mins  |
June 24, 2024
Life insurers may alter product mix
Business Standard

Life insurers may alter product mix

Likely to change tack to reduce impact of revised norms

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3 mins  |
June 24, 2024
Business Standard

Norm tweaks may ease burden on insurers

The Goods and Services Tax (GST) Council's decision to not levy tax on co-insurance premium and reinsurance commission retrospectively will be a consolation for general insurance companies, experts said.

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1 min  |
June 24, 2024
7 yrs of GST: Households emerge top beneficiaries
Business Standard

7 yrs of GST: Households emerge top beneficiaries

Most household items cheaper after GST implementation

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1 min  |
June 24, 2024
Business Standard

2 security personnel killed in Naxal attack

Search ops underway in Chhattisgarh

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1 min  |
June 24, 2024
Centre should probe alleged leak of confidential data from ICEGATE
Business Standard

Centre should probe alleged leak of confidential data from ICEGATE

In a welcome move last Monday, the Central Board of Indirect Taxes and Customs (CBIC) started a campaign against frauds committed in the name of Indian Customs.

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2 mins  |
June 24, 2024
Pandemic exposure lowered wage aspirations of young, rural women
Business Standard

Pandemic exposure lowered wage aspirations of young, rural women

The exposure to the pandemic lowered the wage aspirations of young women, especially in rural India, which may have decreased their willingness to migrate to urban areas, according to a recent study by the World Bank.

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2 mins  |
June 24, 2024
Business Standard

Results of maiden critical mineral block auction today

The Centre will announce the results of its maiden round of critical mineral auctions, initiated in November last year, on Monday.

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2 mins  |
June 24, 2024
Informal entities in manufacturing lost 5.4 mn jobs in 7 yrs
Business Standard

Informal entities in manufacturing lost 5.4 mn jobs in 7 yrs

Unincorporated enterprises lost 1.8 mn establishments between Jun 2016 and Sep 2023, according to the 2 surveys

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2 mins  |
June 24, 2024
Sula eyes double-digit growth on premiumisation
Business Standard

Sula eyes double-digit growth on premiumisation

Raising toast to 25 successful years, India's largest winemaker Sula Vineyard is eyeing a sustained double-digit growth in revenue over the next five years, buoyed by growth in the premium and elite categories and expansion of its new ranges.

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2 mins  |
June 24, 2024
Business Standard

Adani's salary lower than execs' in FY24

Draws pay from only two of the 10 firms of the conglomerate

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1 min  |
June 24, 2024
Business Standard

Adani talks cement companies' merger at investor meet

Ambuja Cements plans to consolidate all Adani group cement companies under a single entity in the medium term, according to brokerage firm Jefferies.

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1 min  |
June 24, 2024
Business Standard

Cred's Kunal Shah top startup founder-investor

Kunal Shah, the 41-year-old founder of fintech company Cred, which currently has a valuation of $6.4 billion and is among the top 10 unicorns in India, has another feather in his cap: He is the top startup founder-investor in the country, having funded over 266 startups, according to data from the research agency Traxcn.

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2 mins  |
June 24, 2024
Tata Steel, Dutch govt may finalise deal by FY25
Business Standard

Tata Steel, Dutch govt may finalise deal by FY25

A binding agreement between the Dutch government and Tata Steel on the transition to low-carbon steelmaking at the company's IJmuiden plant in the Netherlands is expected to be concluded in the current financial year.

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2 mins  |
June 24, 2024
Musashi India to ramp up EV localisation to 70% by FY25
Business Standard

Musashi India to ramp up EV localisation to 70% by FY25

Musashi Auto Parts India, a subsidiary of Japanese auto parts giant Musashi Seimitsu Industries, has announced plans to significantly increase localisation for its electric vehicle (EV) components from the current 10 per cent to 6070 per cent by the end of the financial year.

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2 mins  |
June 24, 2024