CATEGORIES

Meta Projects Weak Revenue Amid Ai Push
Business Standard

Meta Projects Weak Revenue Amid Ai Push

Facebook parent reported 27% revenue rise in first quarter

time-read
1 min  |
April 26, 2024
Hyundai Set To Drive In Five EVs By 2030
Business Standard

Hyundai Set To Drive In Five EVs By 2030

Hyundai Motor India will introduce five new electric vehicles (EVs) by 2030, said the South Korean automaker on Thursday, bringing forward its "locally tailored" plans for the sector by two years.

time-read
2 mins  |
April 26, 2024
Blinken Tells China To Manage Ties 'Responsibly' As Talks Begin
Business Standard

Blinken Tells China To Manage Ties 'Responsibly' As Talks Begin

US Secretary of State Antony Blinken on Thursday called on China to provide a level playing field for American businesses as he began a visit aimed at resolving a raft of contentious issues that could jeopardise the newly repaired relationship.

time-read
1 min  |
April 26, 2024
Axis Bank rerating to continue on steady NIM
Business Standard

Axis Bank rerating to continue on steady NIM

The bullish stance on the lender comes after its outperformance in March quarter

time-read
3 mins  |
April 26, 2024
Business Standard

After Bitcoin's massive price surge, book partial profit if overexposed

At current elevated prices, prospective buyers should opt for staggered purchases

time-read
3 mins  |
April 26, 2024
Business Standard

Gradual volume recovery, valuations to support HUL sto

Hindustan Unilever's (HUL'S) performance for the quarter ended March 2023 (Q4FY24) was in line with modest consensus expectations.

time-read
2 mins  |
April 26, 2024
Business Standard

Kotak Mahindra Bank's loan, deposit growth may be impacted: Analysts

Kotak Mahindra Bank's loan and deposit growth are likely to be affected after the Reserve Bank of India (RBI) asked the private-sector lender not to take on board new customers through the bank's online and mobile banking channels and not to issue any new credit cards, according to analysts.

time-read
2 mins  |
April 26, 2024
Business Standard

Mkts gain for 5th session on the trot

Rising for the fifth straight session, equity benchmark Sensex rallied nearly 500 points to reclaim the 74,000 mark, while the Nifty closed above the 22,550 level on Thursday due to heavy buying in banking, financial and metal stocks.

time-read
1 min  |
April 26, 2024
Business Standard

Bank actively working to address RBI's concerns: CEO

A day after the severe action by the Reserve Bank of India (RBI), Kotak Mahindra Bank's Chief Executive Officer and Managing Director Ashok Vaswani on Thursday said the lender is \"actively working\" to address the concerns raised by the regulator.

time-read
1 min  |
April 26, 2024
Business Standard

CRISIL ESG Ratings receives Sebi approval for ERP

CRISIL ESG Ratings & Analytics on Thursday received approval from the Securities and Exchange Board of India (Sebi) as a Category 1 provider of environmental, social, and governance (ESG) ratings.

time-read
1 min  |
April 26, 2024
Smaller towns steal a march over big cities
Business Standard

Smaller towns steal a march over big cities

The direct plan mutual fund (MF) schemes, which are offered by online investment platforms, now have more investment accounts from smaller towns and villages than in the top 30 (T-30) cities.

time-read
2 mins  |
April 26, 2024
Exchanges eye index derivatives with new stock additions in limbo
Business Standard

Exchanges eye index derivatives with new stock additions in limbo

Market players await new policy around F&O stock inclusion

time-read
2 mins  |
April 26, 2024
India lost over $120 bn to climate disasters
Business Standard

India lost over $120 bn to climate disasters

WMO found Asia to be the worst hit by climate change since 2000

time-read
2 mins  |
April 26, 2024
Business Standard

US: India one of most challenging major economies in IP protection

India remains \"one of the world's most challenging\" major economies with respect to the protection and enforcement of intellectual property (IP), the Biden Administration said on Thursday as it placed the country on the Priority Watch List on its 2024 Special 301 Report.

time-read
1 min  |
April 26, 2024
Business Standard

'WhatsApp goes' if made to break encryption, it tells HC

WhatsApp told the Delhi High Court on Thursday that if it is made to break encryption of messages, then the social message platform will stop functioning.

time-read
1 min  |
April 26, 2024
Business Standard

Cost deflation lathers up for Lux, Lifebuoy

Unilever also flags pricing challenges in its fabric cleaning segment

time-read
2 mins  |
April 26, 2024
Business Standard

Fintechs want simpler KYC for merchants

Fintech players are planning to suggest a minimal know-your-customer (KYC) process for small merchants, and a risk-based and graded approach to customer verification.

time-read
1 min  |
April 26, 2024
'Will strengthen our distribution in smaller towns to fuel growth'
Business Standard

'Will strengthen our distribution in smaller towns to fuel growth'

Tata Consumer Products expects to see India growth portfolio grow at 30 per cent and expects margins to improve, says MD and CEO SUNIL D'SOUZA. In a video interview with Sharleen D'Souza, he talks about the firm now turning optimistic on rural demand. Edited excerpts:

time-read
3 mins  |
April 26, 2024
Business Standard

Why future of cars does not look electrified

The Economist magazine, which calls itself a newspaper, is a venerable old institution.

time-read
4 mins  |
April 26, 2024
Business Standard

Exporting services

India should sustain the momentum

time-read
2 mins  |
April 26, 2024
Business Standard

A weak food chain

Recent controversy points to poor regulation

time-read
2 mins  |
April 26, 2024
An agenda for next government
Business Standard

An agenda for next government

India's growth model needs a serious course correction

time-read
4 mins  |
April 26, 2024
UNSC resolution on N-arms race in space meets Russia veto
Business Standard

UNSC resolution on N-arms race in space meets Russia veto

The United States slammed Russia for vetoing a UN Security Council resolution on the Outer Space Treaty that put a legally-binding obligation that countries should not be putting weapons of mass destruction (WMD), including nuclear weapons, in orbit.

time-read
1 min  |
April 26, 2024
Business Standard

US campuses call in police to break up Gaza protests

Some US universities called in police to break up demonstrations against the Israel-Hamas war, resulting in ugly scuffles and dozens of arrests, while others appeared content to wait out student protests Thursday, as the final days of the semester ticked down and graduation ceremonies loomed.

time-read
1 min  |
April 26, 2024
US GDP growth slows sharply to 1.6% in Q1
Business Standard

US GDP growth slows sharply to 1.6% in Q1

Downshift could mean Fed cuts interest rates sooner than anticipated

time-read
1 min  |
April 26, 2024
Business Standard

Pak biz leaders push Sharif to start talks with India trade

Pakistan business leaders in an interactive session with Prime Minister Shehbaz Sharif urged him to initiate trade talks with India to promote business and commerce which would greatly benefit the economy of the cash-strapped country.

time-read
1 min  |
April 26, 2024
Business Standard

Bajaj Finance net up 21% to ₹3,825 cr

Bajaj Finance Ltd (BFL) on Thursday reported a consolidated net profit of ₹3,825 crore for the quarter ended March 2023 (Q4FY24), up 21 per cent from a year ago.

time-read
1 min  |
April 26, 2024
Above-normal monsoon may ease food prices: Govt
Business Standard

Above-normal monsoon may ease food prices: Govt

FinMin report says rupee expected to remain within comfortable range

time-read
2 mins  |
April 26, 2024
Business Standard

IndusInd Bank profit jumps 15%

Private lender IndusInd Bank's net profit rose by 15 per cent year-on-year (Y-o-Y) to ₹2,349 crore in the quarter ended March 2024, supported by growth in advances and improved yield on assets.

time-read
1 min  |
April 26, 2024
Startup capital goes to polls with eye on refresh button
Business Standard

Startup capital goes to polls with eye on refresh button

Located in a corner of the Indian Institute of Science's (IISc's) verdant campus in Bengaluru is the Foundation for Science Innovation and Development (FSID).

time-read
2 mins  |
April 26, 2024