CATEGORIES

Singapore PM Lee to hand reins to Wong after 2 decades
Business Standard

Singapore PM Lee to hand reins to Wong after 2 decades

Long-time Singapore Prime Minister Lee Hsien Loong announced on Monday he would hand over power to his designated successor, Lawrence Wong, on May 15, ahead of an election that must be by held next year.

time-read
1 min  |
April 16, 2024
Business Standard

Apple loses top phonemaker spot to Samsung

Apple's smartphone shipments dropped about 10 percent in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the top spot, data from research firm IDC showed on Sunday.

time-read
1 min  |
April 16, 2024
Business Standard

China's pvt builders face $553 bn gap to complete homes

Chinese private developers face a 4 trillion yuan ($553 billion) funding gap to complete pre-sold homes, adding to the woes of an industry that has yet to bottom out, according to a research report by Goldman Sachs Group Inc.

time-read
1 min  |
April 16, 2024
HUSH MONEY TRIAL BEGINS AGAINST FORMER US PRESIDENT -  This is political persecution: Trump
Business Standard

HUSH MONEY TRIAL BEGINS AGAINST FORMER US PRESIDENT -  This is political persecution: Trump

Donald Trump became the first former US president to stand criminal trial on Monday when he appeared in a Manhattan court to face charges stemming from a hush-money payment to a porn star that could complicate his bid to win back the White House.

time-read
1 min  |
April 16, 2024
Business Standard

Customs should not hold up exports due to valuation issues

We cleared the goods manufactured by us into DTA after reversing the BCD and SWS. Now, the DTA party has rejected the goods.

time-read
2 mins  |
April 16, 2024
Global firms pick India for digital services: Nasscom
Business Standard

Global firms pick India for digital services: Nasscom

India continues to be the preferred destination for global businesses aiming to build and expand their digital services portfolio, according to a recent study by industry body Nasscom in partnership with Avasant.

time-read
1 min  |
April 16, 2024
Unveiling Vidarbha: Of no half measures and brutal contrasts
Business Standard

Unveiling Vidarbha: Of no half measures and brutal contrasts

At this time of year, the temperature in Chandrapur should be 40°C.

time-read
3 mins  |
April 16, 2024
Business Standard

Worry takes root even as hope grows in fields of western UP

Nearly 30 km from Moradabad, dusty roads flanked by sugarcane fields lead to Kalakhera village in Joya block, Amroha district.

time-read
2 mins  |
April 16, 2024
Business Standard

At ₹100 cr a day, EC seizures this time highest in 75 years

The Election Commission (EC) on Monday said enforcement agencies had seized ₹4,658.16 crore worth of narcotics, alcohol, cash, precious metals, and other freebies meant as inducements for voters.

time-read
2 mins  |
April 16, 2024
Business Standard

Wholesale inflation rises to 3-month high in March

The headline wholesale price index (WPI)-based inflation inched up to a three-month high of 0.53 per cent in March from 0.2 per cent in February.

time-read
1 min  |
April 16, 2024
Business Standard

Some states saw higher inflation than national average

A number of them had higher inflation every month in FY24

time-read
2 mins  |
April 16, 2024
Business Standard

Israel outweighs Iran in trade with India since '19

Trade links with Israel have strengthened in the past few years, even as the value of goods exchanged with Iran has diminished.

time-read
1 min  |
April 16, 2024
Business Standard

Centre in a huddle to assess impact of Israel-Iran flare-up

Inter-ministerial meets, stakeholder talks take off

time-read
3 mins  |
April 16, 2024
Business Standard

Tesla eyes Delhi, Mumbai for first India showroom

US electric carmaker Tesla is looking at potential showroom locations in New Delhi and Mumbai ahead of plans to begin sales in India later this year, two people familiar with the discussions said.

time-read
1 min  |
April 16, 2024
Business Standard

TCS counts on higher pricing to boost margin

Having exited FY24 with an operating profit within its aspirational band, the country's largest IT services company TCS will be looking at expanding further on the key metric by raising deal pricing, besides deploying other levers, and look to take it \"as close to\" 28 per cent as possible, a top company official has said.

time-read
1 min  |
April 16, 2024
Business Standard

Vedanta secures ₹3.9K cr PFC loan

Mining conglomerate Vedanta Ltd has secured an 11-year term loan of ₹3,918 crore from Power Finance Corporation Ltd (PFC), sources said.

time-read
1 min  |
April 16, 2024
Weak demand may persist for apparel retailers in Q4
Business Standard

Weak demand may persist for apparel retailers in Q4

Jewellery firms may witness strong growth

time-read
1 min  |
April 16, 2024
Smartphone makers pin hopes on new launches after tepid March qtr
Business Standard

Smartphone makers pin hopes on new launches after tepid March qtr

Longer replacement cycle, slower shiftto 4G a dragon sales

time-read
1 min  |
April 16, 2024
Business Standard

PE investments in realty pie shrink, down 30% since FY20

The aggregate value of private equity (PE) deals in Indian real estate declined nearly 30 per cent to $3.6 billion in 2023-24 (FY24) compared to $5.1 billion in FY20, according to a report released on Monday.

time-read
1 min  |
April 16, 2024
Raveendran tightens grip on Byju's as India CEO quits
Business Standard

Raveendran tightens grip on Byju's as India CEO quits

TO HANDLE DAY-TO-DAY OPS FIRM TO NOW HAVE 3 DIVISIONS 00

time-read
2 mins  |
April 16, 2024
Vi earmarks ₹5.7K crore to roll out 5G services
Business Standard

Vi earmarks ₹5.7K crore to roll out 5G services

Plans to use ₹18K cr FPO proceeds to upgrade infra, clear deferred payments

time-read
2 mins  |
April 16, 2024
Business Standard

ABOVE-NORMAL RAINFALL LIKELY THIS MONSOON: IMD

In what could come as a relief to the government's fight against inflation, the India Meteorological Department (IMD) predicted an 'above-normal' monsoon in 2024, which quantitatively could be around 106 per cent of the long period average (LPA).

time-read
1 min  |
April 16, 2024
Business Standard

West Asia flare-up roils equity, rupee

Losses limited amid diplomatic efforts to contain the crisis

time-read
1 min  |
April 16, 2024
Exports shrink 3% in FY24 but tide is turning: Govt
Business Standard

Exports shrink 3% in FY24 but tide is turning: Govt

Snapping the trend of growth in three consecutive months, goods exports in March year-on-year (Y-oY) contracted a moderate 0.67 per cent to $41.68 billion due to falling commodity prices and persistent geopolitical challenges.

time-read
2 mins  |
April 16, 2024
Siachen: For 40 years a battleground
Business Standard

Siachen: For 40 years a battleground

Forty years ago, on April 13, 1984, a fleet of Indian Air Force (IAF) helicopters flew an Indian Army platoon, one soldier at a time, to the Bila fondla Pass on the Saltoro Ridge, towering over the Siachen Glacier at an altitude of 5,450 metres (17,880 ft).

time-read
5 mins  |
April 15, 2024
CREDIT AND STICK: NEW RESOLUTIONS
Business Standard

CREDIT AND STICK: NEW RESOLUTIONS

The IBC has created a new bankruptcy resolution regime, making it more creditor-driven. It has also become a 'stick' for defaulting promoters. Now, can it address delays?

time-read
4 mins  |
April 15, 2024
Business Standard

Home loans: To top up or not to top up?

The home loan top-up, a kind of secured multipurpose personal loan, is on the regulator's radar. Rightly so

time-read
5 mins  |
April 15, 2024
LEFT, RIGHT & CENTRE IN AI ELECTION MODE
Business Standard

LEFT, RIGHT & CENTRE IN AI ELECTION MODE

Tech helps parties in campaigning but its impact on voters is yet to be proven, report ANUSHKA BHARDWAJ & ASHUTOSH MISHRA

time-read
3 mins  |
April 15, 2024
Business Standard

The ABC of making all education info digital

It is common to see interview candidates nervously carrying folders containing their education certificates.

time-read
2 mins  |
April 15, 2024
Business Standard

Terms of contract override sales pitch

Rajesh Monga wanted a home loan and was considering the various options available.

time-read
2 mins  |
April 15, 2024