CATEGORIES

India's growth stands out globally: FM
Business Standard

India's growth stands out globally: FM

Finance Minister Nirmala Sitharaman on Wednesday said India is standing out globally in terms of economic growth and will continue to do so in the next few years.

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1 min  |
September 19, 2024
Exports to China fall at faster clip than to other partners
Business Standard

Exports to China fall at faster clip than to other partners

Amid a massive slowdown in China, India's exports to the neighbouring country contracted at a faster pace in comparison to the exports to the rest of the world.

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2 mins  |
September 19, 2024
Govt relief on PDS wheat quota, to launch ₹1K cr credit guarantee fund
Business Standard

Govt relief on PDS wheat quota, to launch ₹1K cr credit guarantee fund

The Centre has decided to partially restore wheat allocation for the beneficiaries of the government's flagship free grains programme, Pradhan Mantri Gareeb Kalyan Ann Yojana (PMGKAY), over two years after it had slashed the wheat quota and supplemented it with rice due to reduced crop yield.

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1 min  |
September 19, 2024
LIC earmarks ₹600 cr for digital shift; to be 'paperless' in 2 yrs
Business Standard

LIC earmarks ₹600 cr for digital shift; to be 'paperless' in 2 yrs

State-run Life Insurance Corporation of India (LIC) has committed ₹600 crore for its digital transformation journey, Sunder Krishnan, chief risk officer said on Wednesday.

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1 min  |
September 19, 2024
Business Standard

Windfall tax cut on crude may not impact firms, govt

The windfall tax on domestically produced crude oil being slashed to zero is not expected to have a significant impact on the government's revenue or the tax burden of upstream oil companies, analysts said on Wednesday.

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2 mins  |
September 19, 2024
Business Standard

Net direct taxmopup rises 16% till Sep 17

Net direct tax collection grew 16.12 per cent to over ₹9.95 trillion so far this financial year (FY25) on higher advance tax mopup.

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1 min  |
September 19, 2024
Google wins EU legal fight over $1.7 bn antitrust fine
Business Standard

Google wins EU legal fight over $1.7 bn antitrust fine

Google won a court fight with the European Union over a €1.5 billion ($1.7 billion) fine for thwarting competition for online ads, partly atoning for last week's crushing defeat in a separate judgment for abusing its monopoly powers.

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1 min  |
September 19, 2024
Business Standard

Tupperware files for bankruptcy

Tupperware Brands Corp, whose plastic containers became synonymous with food storage, filed for bankruptcy following a years-long struggle with sales declines and growing competition.

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1 min  |
September 19, 2024
Trail of exploding Hezbollah pagers runs from Taiwan to Hungary
Business Standard

Trail of exploding Hezbollah pagers runs from Taiwan to Hungary

Group vows to retaliate against Israel

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2 mins  |
September 19, 2024
Nippon Steel gets extension for US Steel deal review
Business Standard

Nippon Steel gets extension for US Steel deal review

A US security panel has granted Nippon Steel Corp permission to refile its plans to purchase United States Steel Corp, for $14.1 billion, likely pushing a decision on the politically contentious takeover past the US elections in November, according to people familiar with the matter.

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1 min  |
September 19, 2024
BlackRock, Microsoft to raise $30 bn for AI bets
Business Standard

BlackRock, Microsoft to raise $30 bn for AI bets

BlackRock Inc and Microsoft Corp are teaming up on one of the largest efforts to date to bankroll the build-out of data warehouses and energy infrastructure behind the boom in artificial intelligence.

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1 min  |
September 19, 2024
Business Standard

Reviving cities' blue lifelines

The paradox of environmental preservation and urban development has been discussed more times than one can count.

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3 mins  |
September 19, 2024
Business Standard

Wrong turn inwards

Exports no longer a manufacturing priority

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2 mins  |
September 19, 2024
Business Standard

Digging up due process

The Supreme Court's latest interim order on a batch of petitions stating that no demolition should take place in the country without its express permission for the next 15 days restores the criticality of due process in the Indian justice system.

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2 mins  |
September 19, 2024
J&K records 59% polling in Phase I
Business Standard

J&K records 59% polling in Phase I

Almost 59 per cent polling was recorded (updated until 7.30 pm) on 24 of the total 90 seats that polled in the first phase of the Jammu and Kashmir (J&K) Assembly elections Wednesday.

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1 min  |
September 19, 2024
Business Standard

Centre lines up Venus mission, Chandrayaan-4

The Union Cabinet on Wednesday cleared the new moon mission Chandrayaan-4 and approved the development of the Venus Orbiter Mission (VOM) as part of the government's vision to explore and study the Earth's closest planet.

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1 min  |
September 19, 2024
'One Nation, One Election' cleared by Union Cabinet
Business Standard

'One Nation, One Election' cleared by Union Cabinet

Govt to form implementation group, make efforts to build consensus

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1 min  |
September 19, 2024
Changing pension landscape in India
Business Standard

Changing pension landscape in India

The NPS Vatsalya scheme proposed by the Central Government in the Union Budget 2024 appears to be a true game changer, nudging the gen Alpha to turn into astute and savvy investors by getting early onto the prudent financial behaviour bandwagon.

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4 mins  |
September 19, 2024
From locking horns to unlocking potential
Business Standard

From locking horns to unlocking potential

India-US trade ties have taken a positive turn under Biden

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4 mins  |
September 19, 2024
Business Standard

Trai excludes OTTs from licensing regime overhaul

The Telecom Regulatory Authority of India (Trai) has excluded communication over-the-top (OTT) services such as WhatsApp, Facebook Messenger, and Telegram from its new recommendations on authorisation or licensing regimes.

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1 min  |
September 19, 2024
The hidden price tag on fast food convenience
Business Standard

The hidden price tag on fast food convenience

Fast delivery may be a time-saver, but it comes with a hefty bill - aggregator fees rack up ₹9,000-11,000 crore annually

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2 mins  |
September 19, 2024
Govt pushes for shielding gig workers under e-Shram
Business Standard

Govt pushes for shielding gig workers under e-Shram

Platform aggregators get 3 months to complete registration process

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1 min  |
September 19, 2024
India now 6th largest market in key MSCI all-country gauge
Business Standard

India now 6th largest market in key MSCI all-country gauge

It is also largest emerging market in this category after surpassing China

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2 mins  |
September 19, 2024
Business Standard

Bourses up vigil on SME IPOS

Mandate comprehensive financial disclosures

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2 mins  |
September 19, 2024
Sebi remains bullish on Reit market in India
Business Standard

Sebi remains bullish on Reit market in India

WTM Ashwani Bhatia says benchmarking to bring accuracy, efficiency, and more customers into its fold

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1 min  |
September 19, 2024
Business Standard

Exports demand may keep Bajaj Auto under pressure

Investors will have to weigh conflicting information about Bajaj Auto.

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2 mins  |
September 19, 2024
Business Standard

ICICI Bank mcap tops ₹9 trillion

Private on lender ICICI Bank Wednesday became the fifth Indian company to breach market capitalisation (mcap) of ₹9 trillion, even as its stock zoomed to a fresh high of ₹1,288.05 apiece, up 2 per cent from its previous close on the BSE.

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1 min  |
September 19, 2024
Business Standard

Bumpy ride ahead for Motherson arm

Auto component major may face near-term demand woes

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2 mins  |
September 19, 2024
Mkts hinge on Powell emulating Greenspan's soft landing
Business Standard

Mkts hinge on Powell emulating Greenspan's soft landing

Traders are harking back on 1995, when Alan Greenspan led the Federal Reserve in pulling off a rare soft landing, for a playbook on trading the first interest-rate cut in four years.

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2 mins  |
September 18, 2024
Business Standard

Trump launches new crypto biz

Donald Trump headlined an event billed as the unveiling of a crypto platform promoted by the Republican nominee and his sons, putting the spotlight on a niche sector of digital assets with a history of controversy.

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1 min  |
September 18, 2024