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Business Standard

Mandates and swings

Much has already been written about how 2024 is the year of elections.

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3 mins  |
March 09, 2024
Business Standard

Push for Modi 4.0

Leaders with 'mileage' believe they can overcome age and vintage. ThinkXi, Biden, Trump, going ahead Erdogan and Putin, and now, we have sufficient evidence to say, Narendra Modi

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5 mins  |
March 09, 2024
MH370 families seeking closure, justice, fresh search
Business Standard

MH370 families seeking closure, justice, fresh search

Over the past decade, Grace Subathirai Nathan graduated from law school, got married, opened a law firm and had two babies.

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2 mins  |
March 09, 2024
China vows to 'safeguard' national security with new laws at conclave
Business Standard

China vows to 'safeguard' national security with new laws at conclave

China's top legislators on Friday vowed to enact a slew of new laws to \"modernise China's system and capacity for national security\" while safeguarding sovereign interests, a sign of what some analysts say is a heightened focus on perceived security threats.

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1 min  |
March 09, 2024
'Fed is not far from cutting interest rates'
Business Standard

'Fed is not far from cutting interest rates'

Federal Reserve Chair Jerome Powell suggested the central bank is getting close to the confidence it needs to start lowering interest rates.

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1 min  |
March 09, 2024
Wake up, democracy under threat: Biden to lawmakers
Business Standard

Wake up, democracy under threat: Biden to lawmakers

President Joe Biden kicked off his State of the Union address by warning that democracy is endangered at home and abroad, a threat made more immediate by the prospect of his predecessor Donald Trump returning to the White House.

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1 min  |
March 09, 2024
Business Standard

Saudi transfers $164 bn Aramco stake to PIF

Saudi Arabia's government transferred a further $164 billion stake in Aramco to the Public Investment Fund, a move aim at bolstering cash flow at the statebacked investor that's ramping up spending on huge local projects.

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1 min  |
March 09, 2024
Business Standard

Govt assesses crop loss in 21 hail-hit districts

The Rajasthan government has undertaken girdawari (assessment of crop loss) of rabi crops in 21 districts affected by rain, hailstorms, and thunderstorms in the first week of March.

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1 min  |
March 09, 2024
Business Standard

1,000 acres of land acquired near expressways

The Uttar Pradesh government has acquired nearly 1,000 acres of land closer to the expressways in order to achieve the trilliondollar economy target.

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1 min  |
March 09, 2024
Business Standard

AU SFB rules out further deposit rate hikes

Jaipur-based AU Small Finance Bank (AU SFB), the largest lender in the small finance bank space, has ruled out any further increase in interest rates on deposits, given the complete pass-through of the repo rate hike.

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1 min  |
March 09, 2024
Business Standard

Bank employees to get 17% annual wage hike

Indian Banks' Association and bank employee unions on Friday agreed on an annual wage hike of 17 per cent, a move that will result in an additional yearly outgo of around ₹8,284 crore for pu lic sector banks.

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1 min  |
March 09, 2024
Business Standard

HDB Fin Services to raise ₹2.5K cr via debt capital

After the pandemic shock, the company has improved its risk profile

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1 min  |
March 09, 2024
Amit Shah launches National Cooperative Database
Business Standard

Amit Shah launches National Cooperative Database

Cooperation Minister Amit Shah on Friday launched the National Cooperative Database which will help in the expansion and development of cooperatives.

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1 min  |
March 09, 2024
'Cost of apprenticeship right works out to be 20,000 cr'
Business Standard

'Cost of apprenticeship right works out to be 20,000 cr'

PRAVEEN CHAKRAVARTY, chairperson of the All India Professionals' Congress and key member of the Congress' manifesto drafting committee, in an interview with Archis Mohan and Indivjal Dhasmana in New Delhi, discusses various draft promises, such as the right of apprenticeship, which may be part of the Congress' manifesto. Edited excerpts:

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2 mins  |
March 09, 2024
Sudha Murty nominated to Rajya Sabha
Business Standard

Sudha Murty nominated to Rajya Sabha

Philanthropist and author Sudha Murty was nominated to the Rajya Sabha on Friday, with Prime Minister Narendra Modi lauding her contribution in diverse fields.

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1 min  |
March 09, 2024
Rahul, Tharoor on Cong's first LS list
Business Standard

Rahul, Tharoor on Cong's first LS list

The Congress announced its first list of 39 candidates for the Lok Sabha polls on Friday evening.

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2 mins  |
March 09, 2024
Let us create on India and create for world, says PM
Business Standard

Let us create on India and create for world, says PM

Prime Minister Narendra Modi urged content creators on Friday to start a \"create on India movement\" and share stories on the country's culture, heritage and traditions with the world.

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2 mins  |
March 09, 2024
Economic shocks hit consumption growth in last decade
Business Standard

Economic shocks hit consumption growth in last decade

Demonetisation, GST implementation, Covid caused a slowdown: Nomura

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2 mins  |
March 09, 2024
Business Standard

UK team on way back to London; FTA talks still on

A team of UK negotiators that was in New Delhi to try and iron out the remaining issues holding up a bilateral free trade agreement (FTA) is on its way back t London on Friday with a deal yet to be finalised, according to officials familiar with the discussions.

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1 min  |
March 09, 2024
Business Standard

FinMin to PSBS: Ensure Rera escrow account compliance

The Department of Financial Services (DFS) under the Ministry of Finance has written to all public-sector banks, including State Bank of India (SBI), to ensure compliance with the norms of the Real Estate (Regulation and Development) Act (Rera Act), 2016, while withdrawing funds from the escrow accounts.

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1 min  |
March 09, 2024
Business Standard

Govt extends export sops under Rodtep to companies in SEZs

The government on Friday extended export benefits under the Remission of Duties and Taxes on Exported Products (Rodtep) scheme to companies in the special economic zones (SEZS) and export-oriented units (EOUS).

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1 min  |
March 09, 2024
Spectrum auctions for 8 bands from May 20: DOT
Business Standard

Spectrum auctions for 8 bands from May 20: DOT

10,523 MHz up for sale, reserve price of spectrum is ₹96,317 crore

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2 mins  |
March 09, 2024
Business Standard

Karnataka bans e-bike taxis, calls them 'unsafe'

The Karnataka government has banned operation of electric bike taxi services in the state after finding them \"unsafe for women\" and being carried out in violation of Motor Vehicles Act.

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1 min  |
March 09, 2024
Titan MD: K'taka must give opportunities for manufacturing to grow
Business Standard

Titan MD: K'taka must give opportunities for manufacturing to grow

Karnataka should provide opportunities for manufacturing to assist economic growth, said C K Venkataraman (pictured), managing director of Titan Company, in Bengaluru on Friday.

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1 min  |
March 09, 2024
Experts call govt's advisory on Al ambiguous, suggest changes
Business Standard

Experts call govt's advisory on Al ambiguous, suggest changes

Seek clear demarcation between 'significant platforms' and startups or smaller companies

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2 mins  |
March 09, 2024
Increased travel connectivity, visa waivers help SE Asia emerge as tourist hotspot
Business Standard

Increased travel connectivity, visa waivers help SE Asia emerge as tourist hotspot

The recent surge in visa waivers for Indians, star-studded concerts featuring global icons like Taylor Swift in Singapore, and increased connectivity are all helping travel recovery gain momentum in Oriental and Southeast Asia.

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2 mins  |
March 09, 2024
On fitness track: More women prioritise physical health
Business Standard

On fitness track: More women prioritise physical health

A rising tide of women is taking charge of their well-being, prioritising self-care and prefer spending on preventive health checkup packages, according to consultation trends from leading health care platforms.

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1 min  |
March 09, 2024
Amended space FDI norms a boost for space tech companies
Business Standard

Amended space FDI norms a boost for space tech companies

In a rare move, the government has adopted a graded approach to set the limits for foreign direct investment (FDI) through the automatic route for different segments of the space sector.

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3 mins  |
March 09, 2024
Business Standard

Baron marks up Swiggy valuation by 13% to $12 bn

A fund managed by US-based asset management firm Baron Capital Group has marked up the fair value of food-delivery platform Swiggy to $12.1 billion, 13 per cent higher than the $10.7 billion valuation at which the Bengaluru-based firm last raised funds in 2022.

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1 min  |
March 09, 2024
Business Standard

Team of 80 charts path to Tata airlines' mergers

Over the past eight months, a team of 80 people has been diligently working to harmonise operating procedures across four airlines run by the Tata group, as part of two mergers, revealed Campbell Wilson, Air India's chief executive officer (CEO), on Friday.

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1 min  |
March 09, 2024