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Business Standard

A matter of fact

Media must raise the bar on verification too

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2 mins  |
September 25, 2024
Business Standard

Israel's deadly export industry

As the world witnesses the brutal ethnic cleansing in Gaza under the formidable military technology deployed by the Israeli Defence Forces, why are certain countries either mum or supportive of one the biggest mass killings of the 21st century?

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3 mins  |
September 25, 2024
50% of Indians work at least 49 hrs a week
Business Standard

50% of Indians work at least 49 hrs a week

Half of employees in India still work at least 49 hours per week, despite the share declining by around 13 percentage points over the past five years.

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1 min  |
September 25, 2024
Business Standard

Zomato Live serves notice on Viagogo; BookMyShow files police complaint

Fans of the British band Coldplay and Indian Punjabi Singer Diljit Dosanjh were left flustered and disappointed when they were unable to book tickets for their concerts.

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3 mins  |
September 25, 2024
TALKING STOCK
Business Standard

TALKING STOCK

Will sugar turn sweeter in the coming year?

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4 mins  |
September 25, 2024
New asset class may take wing
Business Standard

New asset class may take wing

Decision likely at Sebi board meeting on Sep 30 - first since slew of allegations made against Puri Buch

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3 mins  |
September 25, 2024
Sebi probes 6 local investment banks
Business Standard

Sebi probes 6 local investment banks

Securities and Exchange Board of India (Sebi), worried about malpractice in a frothy initial public offering (IPO) market, is investigating six domestic investment banks that have worked on offerings by small businesses, two sources with direct knowledge of the matter said.

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1 min  |
September 25, 2024
Business Standard

Execution pickup may translate into further gains for BHEL

As the only EPC major in the thermal projects space, Bharat Heavy Electricals (BHEL) has a growing order book.

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2 mins  |
September 25, 2024
Business Standard

NTPC Green seeks faster nod for mega public offer

NTPC Green Energy has nudged market regulator Securities and Exchange Board of India (Sebi) to expedite the approval of its ₹10,000 crore initial public offering (IPO), said people in the know.

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1 min  |
September 25, 2024
Business Standard

Gold outshines equities in a falling-rate environment

Gold has been a bigger beneficiary of the reversal in the global interest cycle compared to equities.

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2 mins  |
September 25, 2024
Business Standard

Regulator mandates UPI for public issue applications of debt securities

To streamline the application process for public issues of debt securities, the Securities and Exchange Board of India (Sebi) on Tuesday asked individual investors applying for amounts up to ₹5 lakh through intermediaries to use only UPI to block funds.

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1 min  |
September 25, 2024
IEX stock tumbles on market coupling fears
Business Standard

IEX stock tumbles on market coupling fears

Shares of Indian Energy Exchange (IEX) plunged on Tuesday amid fears of market coupling, which refers to a uniform market clearing price for buyers and sellers in all exchanges operating in an area.

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2 mins  |
September 25, 2024
Business Standard

Meet Bharat Semi, startup behind Indo-US partnership

Meet Vrinda Kapoor, Vinayak Dalmia, and Mukul Sarkar, the founders of Bharat Semi, who dreamt of creating world-class products in India that would rival global standards.

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2 mins  |
September 24, 2024
Vi redials govt to settle AGR issue
Business Standard

Vi redials govt to settle AGR issue

Vodafone Idea (Vi) has begun a \"fresh dialogue\" with Centre to resolve the Adjusted Gross Revenue (AGR) dues issue, CEO of the telecom major Akshaya Moondra told analysts on Monday, asserting that the long-term business plans and revival strategy of the company remain \"unaffected\" from the curative petition outcome.

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1 min  |
September 24, 2024
Meity timeline for chip production in the works
Business Standard

Meity timeline for chip production in the works

The Ministry of Electronics and Information Technology (Meity) is finalising a timeline for the commercial production of semiconductor wafers and chips from projects already approved by the government, as it intensifies its focus on execution, according to official sources.

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2 mins  |
September 24, 2024
Business Standard

Medical gear makers up in arms against zero-duty imports under EU FTA

The Ministry of Electronics and Information Technology (Meity) is finalising a timeline for the commercial production of semiconductor wafers and chips from projects already approved by the government, as it intensifies its focus on execution, according to official sources.

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2 mins  |
September 24, 2024
Business Standard

Kolkata Power Center key to our GaN play: GlobalFoundries

GlobalFoundries’ Kolkata Power Center will be crucial to its play in emerging technologies like gallium nitride (GaN), said the global semiconductor manufacturer.

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1 min  |
September 24, 2024
Qcom-kirana store tangle under ministry scanner
Business Standard

Qcom-kirana store tangle under ministry scanner

The Ministry of Consumer Affairs is in the process of examining the issue of quick commerce players impacting businesses of local kirana stores, a senior government official said on Monday.

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1 min  |
September 24, 2024
Price hikes boost margins of pathlabs
Business Standard

Price hikes boost margins of pathlabs

Move comes despite growing competition with online players

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2 mins  |
September 24, 2024
Business Standard

MyTVS forays into EV mobility service market to tap quick-commerce growth

The country's largest digital automotive aftermarket platform MyTVS on Monday announced entry into EV mobility service with the launch of pan-Indian 'Mobility-as-a-Service' (MaaS) to provide end-to-end vehicle management solutions to quick commerce and e-tail firms that extensively use electric two-wheelers.

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1 min  |
September 24, 2024
Business Standard

Credit costs of MFIs may go up to 3-3.5% in FY25

Reflecting the build-up of stress due to rise in delinquencies, the credit costs of micro finance institutions (MFIs) are expected to rise to 3-3.5 per cent in 2024-25 (FY25) from around 2 per cent in FY24, according to CRISIL Ratings.

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1 min  |
September 24, 2024
Credit card delinquencies up as retail credit growth eases
Business Standard

Credit card delinquencies up as retail credit growth eases

Balance-level delinquencies in the credit card segment saw a 17 basis points (bps) year-on-year (Y-o-Y) rise in the quarter ending June 2024 (Q1FY25).

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1 min  |
September 24, 2024
Jobless rate stagnates at 3.2% in July '23-June '24
Business Standard

Jobless rate stagnates at 3.2% in July '23-June '24

PLFS data for the period suggests share of self-employed, wage-jobbers up

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2 mins  |
September 24, 2024
Business Standard

Week later than usual, monsoon begins retreat

Country sees cumulative rainfall surplus of 5%; 13% deficit in East, Northeast

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1 min  |
September 24, 2024
Fresh formal hiring rises 2.5% in July
Business Standard

Fresh formal hiring rises 2.5% in July

The number of monthly fresh formal hirings increased in July, signaling a recovery in the formal labour market.

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1 min  |
September 24, 2024
Business Standard

GoM to review tax rates for 100+ products

The six-member Group of Ministers (GoM), chaired by Bihar Deputy Chief Minister Samrat Choudhary, will convene in Goa on Tuesday and Wednesday to discuss tax rates for over 100 products, including fertilisers, handloom goods, and textiles, according to sources.

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1 min  |
September 24, 2024
Business Standard

No way victim shaming was done: Sitharaman on row over EY remark

Union Finance Minister Nirmala Sitharaman on Monday took to social media platform 'X' to reply to the criticism on her remark on the EY employee's death, saying that she was highlighting the importance of institutions and families in helping students cope with life's pressure and there was no victim shaming.

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1 min  |
September 24, 2024
Business Standard

H2 borrowing by Centre set to stay on Budget track

May borrow around ₹6.3 trn during the period

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1 min  |
September 24, 2024
Modi calls upon top tech CEOs to be part of India's growth story
Business Standard

Modi calls upon top tech CEOs to be part of India's growth story

Urges them to co-develop, co-design and co-produce in the country for the world

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2 mins  |
September 24, 2024
'Eyeing entry into affordable housing loans'
Business Standard

'Eyeing entry into affordable housing loans'

Co-lending will only gain traction if there is systemic integration between banks and non-banking financial companies (NBFCs), said MANISH SHAH, managing director (MD) and CEO of Godrej Capital, the financial services arm of the Godrej group, in an interview with Harsh Kumar in New Delhi. Shah discussed NBFCs' recent plans for affordable housing and initial public offerings (IPOs). Edited excerpts:

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2 mins  |
September 24, 2024