CATEGORIES

RBI to buy back govt bonds worth ₹40K cr on Thursday
Business Standard

RBI to buy back govt bonds worth ₹40K cr on Thursday

₹29K cr G-sec to go for auction on Friday

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1 min  |
May 28, 2024
'Our Droupadi' vs local poll dynamics in tribal terrain of Mayurbhanj
Business Standard

'Our Droupadi' vs local poll dynamics in tribal terrain of Mayurbhanj

Sitala Hansda's face beamed with pride when asked about the route to Uparbeda, the native village of President Droupadi Murmu, in Odisha's tribal-dominated Mayurbhanj Lok Sabha (LS) constituency.

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3 mins  |
May 28, 2024
Business Standard

Can RJD break the Pataliputra jinx?

Four years back, the Rashtriya Janata Dal (RJD) and its allies won all six Assembly constituencies within the Pataliputra Lok Sabha seat in Bihar, where the RJD's Misa Bharti has again challenged Bharatiya Janata Party (BJP)'s Ram Kripal Yadav.

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1 min  |
May 28, 2024
Trade via Attari-Wagah border now a poll plank in Amritsar
Business Standard

Trade via Attari-Wagah border now a poll plank in Amritsar

Several candidates, including the BJP's, promising resumption of trade on the route

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3 mins  |
May 28, 2024
Business Standard

Goldman ups India CY24 GDP growth forecast to 6.7%

Goldman Sachs revised upwards its forecast for India's gross domestic product (GDP) growth for calendar year 2024 (CY24) by 10 basis points (bps) to 6.7 per cent.

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1 min  |
May 28, 2024
Rain-fed areas may receive above-normal monsoon: IMD
Business Standard

Rain-fed areas may receive above-normal monsoon: IMD

Says monsoon may hit Kerala in 5 days, heatwave in the North to abate by month-end

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2 mins  |
May 28, 2024
Centre saved over 25,500 cr via fund transfer norms: FM
Business Standard

Centre saved over 25,500 cr via fund transfer norms: FM

OUR BUDGETS ARE CHARACTERISED BY FISCAL PRUDENCE, TRANSPARENCY, AND INCLUSIVENESS, ENSURING INVESTMENTS IN SOCIAL DEVELOPMENT AND INFRASTRUCTURE\" NIRMALA SITHARAMAN, Union finance minister

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1 min  |
May 28, 2024
Revamped Tejas Mk 1A ready for takeoff: First batch of 16 to serve IAF
Business Standard

Revamped Tejas Mk 1A ready for takeoff: First batch of 16 to serve IAF

Embark on the first leg of a four-part journey as the Tejas fighter undergoes an evolution. With the defence ministry's order for Tejas Mark 1 fighters nearly fulfilled, attention turns to the final touches needed to meet Tejas Mark 1A specifications

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2 mins  |
May 28, 2024
Business Standard

Cyclone Remal: 2 killed, 15,000 houses damaged

Rains and strong winds continued on Monday in several parts of Gangetic West Bengal even as Cyclone Remal weakened into a cyclonic storm.

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1 min  |
May 28, 2024
Business Standard

Aster plans ₹250 crore expansion in Bengaluru

Aster DM Healthcare has undertaken an expansion for Aster CMI Hospital in Bengaluru, adding 300,000 square feet of infrastructure.

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1 min  |
May 28, 2024
Indian pharma companies may cash in on US drug shortages
Business Standard

Indian pharma companies may cash in on US drug shortages

323 drugs were in shortage in the US, which is a decade-high, in the March quarter of 2024

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3 mins  |
May 28, 2024
Business Standard

Rise in related-party transactions outpaces sales growth

TOP 5 FIRMS: P/L RELATEDPARTY TRANSACTIONS Value of related-party transactions on P/L statement (in trillion ₹) GAIL (India) ONGC 3.5 1.7 1.2 (0.9 0.9 IOCL MRPL Reliance Industries Note: Data for S&P BSE 500 as of financial year 2022-23 (FY23).

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1 min  |
May 28, 2024
Valuations, access to capital spur fintechs' homecoming
Business Standard

Valuations, access to capital spur fintechs' homecoming

Why are financial-technology (fintech) players moving back to India, or doing the reverse-flipping? The reasons are financial regulation, better access to capital, and improved valuations here, according to industry players and experts.

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3 mins  |
May 28, 2024
India may get EQT boost with up to $5 bn funding
Business Standard

India may get EQT boost with up to $5 bn funding

Swedish PE major planning to invest the amount this financial year

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2 mins  |
May 28, 2024
Business Standard

Govt blacklists principal entities for spewing fraud msgs

In a major crackdown on SMS scammers, the government has blacklisted 'principal entities' behind SMS headers that were used for sending over 10,000 fraudulent messages over the past three months, according to an official release.

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1 min  |
May 28, 2024
KAL Air, Maran to seek over ₹1.3K cr from SpiceJet, Singh
Business Standard

KAL Air, Maran to seek over ₹1.3K cr from SpiceJet, Singh

The battle between SpiceJet and Kalanithi Maran took a fresh turn on Monday as KAL Airways and Maran said they will seek over ₹1,323 crore in damages from SpiceJet and its chief Ajay Singh.

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1 min  |
May 28, 2024
Nights in megacities not cooling down
Business Standard

Nights in megacities not cooling down

India's megacities are not cooling down even during nights in the summer months, according to a report.

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2 mins  |
May 28, 2024
Business Standard

Adani group to hit the road to raise ₹33,254 cr

Adani Energy Solutions seeks to garner 12,500 crore via QIP DEV CHATTERJEE Mumbai, 27 May T he Adani group, buoyed by a sharp recovery in its share prices over the past year, is set to embark on a series of roadshows this week to raise up to $4 billion (approximately 33,254 crore) through equity and refinancing of older debt, according to banking sources.

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1 min  |
May 28, 2024
[Fund Pick] ICICI Prudential Equity & Debt Fund Striking Go Hybrid Fund Mine
Business Standard

[Fund Pick] ICICI Prudential Equity & Debt Fund Striking Go Hybrid Fund Mine

ICICI Prudential Equity & Debt Fund, launched in November 1999, featured in the top 30th percentile of the aggressive hybrid fund category of the CRISIL Mutual Fund Ranking (CMFR) for three consecutive quarters through March 2024.

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1 min  |
May 27, 2024
Apple Encore?
Business Standard

Apple Encore?

Can Google do in India what its rival Apple has done, and make the cour for mobile phone assembly?

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4 mins  |
May 27, 2024
Delhi Hospital Fire: 7 Newborns Dead; Probe On
Business Standard

Delhi Hospital Fire: 7 Newborns Dead; Probe On

The Delhi government on Sunday ordered a magisterial inquiry into the fire at a neonatal hospital in Vivek Vihar that claimed seven newborns.

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1 min  |
May 27, 2024
Business Standard

Rajkot gaming zone was running without 'fire NOC', say police

Police have registered an FIR against six partners of a game zone in Rajkot on charges of culpable homicide not amounting to murder and arrested two persons after a fire there killed 27 persons, officials said on Sunday.

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1 min  |
May 27, 2024
Bengal braced for Remal, with Amphan lessons
Business Standard

Bengal braced for Remal, with Amphan lessons

Prime Minister chairs meeting to review cyclone preparedness

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3 mins  |
May 27, 2024
Business Standard

Critical, strategic mineral auctions hit a roadblock

India's maiden auction for critical and rare earth minerals is facing another setback due to a delay in selecting preferred bidders in all the three rounds.

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1 min  |
May 27, 2024
Business Standard

How long will the good run last?

In public, bankers say everything is hunky-dory, but the rising defaults in a few pockets don't exactly suggest this

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5 mins  |
May 27, 2024
Business Standard

Sounds just like you: The rise of voice technology

Smartphone app TrueCaller is developing a digital voice feature that can take calls on behalf of a user.

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3 mins  |
May 27, 2024
Business Standard

Agility in adapting to technology really important'

AMITH SINGHEE, director of IBM Research Lab India and chief technology officer (CTO) of IBM India & South Asia, believes all companies have to be \"very aware\" about technology. In a video interview with Shivani Shinde, he talked about Research Lab's role and generative artificial intelligence (GenAI). Edited excerpts:

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3 mins  |
May 27, 2024
Business Standard

Frivolous complaint can cost consumer dearly

Anand Arya got his first Airtel mobile connection in 1998 and found the service to be good.

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2 mins  |
May 27, 2024
Looking for value housing? Ensure rental yield exceeds 3%
Business Standard

Looking for value housing? Ensure rental yield exceeds 3%

After three years of price rise, some areas may be growing overheated; proceed with caution

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4 mins  |
May 27, 2024
Investors harness North India's sizzle for power stock pursuit
Business Standard

Investors harness North India's sizzle for power stock pursuit

JOLT OF OPTIMISM: Analysts predict endurance in power stock rally, advocate long-term hold

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2 mins  |
May 27, 2024