CATEGORIES

Shehbaz to be Pak PM as PPP, PML-N strike coalition deal
Business Standard

Shehbaz to be Pak PM as PPP, PML-N strike coalition deal

The Pakistan Muslim League-Nawaz (PML-N) and the Pakistan Peoples Party (PPP) have finally agreed on a power-sharing deal to form a coalition government led by former prime minister Shehbaz Sharif, a move that could effectively sideline their arch-rival, Imran Khan.

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1 min  |
February 22, 2024
India key ally, will boost connectivity: Greek PM
Business Standard

India key ally, will boost connectivity: Greek PM

Migration and mobility pact soon; defence working group to be set up

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2 mins  |
February 22, 2024
INDIA seals 1st seat-sharing deal as SP, Cong join hands
Business Standard

INDIA seals 1st seat-sharing deal as SP, Cong join hands

Eight months after leading Opposition parties resolved to fight together in the 2024 Lok Sabha (LS) elections, the Indian National Developmental Inclusive Alliance (INDIA) bloc announced its first seat-sharing agreement on Wednesday.

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February 22, 2024
Business Standard

'India, US key stakeholders in Indo-Pacific'

India and the US are key stakeholders in navigating the complex dynamics of the IndoPacific region, said Defence Secretary Giridhar Aramane while addressing the two-day India-US defence cooperation meeting in Delhi - the India-US Defence Accelerator Ecosystem (INDUS-X).

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1 min  |
February 22, 2024
Farmers pause march for 2 days; 1 dead at border
Business Standard

Farmers pause march for 2 days; 1 dead at border

No breakthrough in talks between Centre and farmers

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2 mins  |
February 22, 2024
Business Standard

Provisions related to NPS trustee appointment simplified

In a bid to further enhance the ease of doing business and reduce compliance, the Pension Fund Regulatory and Development Authority (PFRDA) notified amendments made in the National Pension System System Trust Regulations and the (NPS) Pension Fund Regulations on Wednesday.

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1 min  |
February 22, 2024
Business Standard

Irdai plans collaterals for cross-border reinsurers

The Insurance Regulatory and Development Authority (Irdai) is planning to introduce collaterals for reinsurance transactions with cross border reinsurers (CBR).

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1 min  |
February 22, 2024
Business Standard

Morgan Stanley sees FY25 GDP growth slowing

ICRA notes easing investment in Q3

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1 min  |
February 22, 2024
Business Standard

FM: World Bank must take forward G20 MDB agenda

Finance Minister Nirmala Sitharaman on Wednesday met officials of the World Bank to discuss their engagement with India, World Bank Evolution Roadmap and implementation of G20 Independent Experts Group recommendations strengthening multilateral institutions.

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1 min  |
February 22, 2024
Business Standard

Credit-deposit ratio inched up in Q3

Credit-to-deposit (CD) ratio of major public sector and private sector banks during the October-December quarter of FY24 inched up as compared to the previous quarter though government-owned lenders reported a lower rate than their private peers.

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February 22, 2024
Business Standard

India-Oman trade pact may be finalised soon

Legal vetting of text of proposed deal underway

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1 min  |
February 22, 2024
Business Standard

Homestays a new promising category'

MakeMyTrip reported its best-ever quarterly growth in December. RAJESH MAGOW, the co-founder and group CEO, talks to Akshara Srivastava in New Delhi about the travel boom in the country and the company's new avenues to drive growth. Excerpts:

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2 mins  |
February 22, 2024
Business Standard

'Indian market is a story of premiumisation'

Pernod Ricard India, which houses brands such as Chivas, Absolut and Jameson, among others, expects to see premiumisation growth at all price points.

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2 mins  |
February 22, 2024
Business Standard

Capgemini sees bulk of its AI investment coming to India

A bulk of the Paris-headquartered IT major Capgemini's proposed Euro 2 billion investment over three years in artificial intelligence (AI) is coming to India, a top official of the company said here on Wednesday.

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1 min  |
February 22, 2024
Business Standard

Policy certainty will help the chip industry flourish: Micron

US chip giant Micron, which is investing up to $825 million in setting up a semiconductor chip assembly and testing plant in India, said that certainty of policy is crucial for this industry to flourish.

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1 min  |
February 22, 2024
Business Standard

79% revised FAME II target achieved

The Ministry of Heavy Industries has achieved 79 per cent of its revised target for the number of electric vehicles (EVS) in two-, three-, and four-wheelers that it had to support under Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India II (FAME II) as of February 18 (including vehicles under processing for subsidy).

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2 mins  |
February 22, 2024
Business Standard

Tata Cap seeks nod for related party deals with Tata Steel

May go up to 12,000 cr in next FY DEV CHATTERJEE Mumbai, 21 February Tata Capital, the financial services arm of the Tata group, has asked shareholders to vote on its related party transactions with Tata Steel which are estimated to go up to 12,000 crore in the next financial year.

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1 min  |
February 22, 2024
GCCS turn talent magnet for better pay, growth prospects
Business Standard

GCCS turn talent magnet for better pay, growth prospects

At a time when leading Indian information technology (IT) services firms are offering minimal salary increments or delaying appraisal cycles, global capability centres (GCCs) are becoming an enticing choice for talent due to their ability to provide attractive career advancement opportunities and competitive compensation packages.

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2 mins  |
February 22, 2024
India looks at Saudi Arabia as new pharma frontier
Business Standard

India looks at Saudi Arabia as new pharma frontier

Indian drug firms are exploring opportunities in the Kingdom of Saudi Arabia (KSA), an $8.9 billion pharmaceutical (pharma) market, as the latter is keen to procure more pharma products from India.

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2 mins  |
February 22, 2024
Business Standard

Byju's CEO says committed to restructuring the board

Raveendran informs shareholders that rights issue is fully subscribed

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1 min  |
February 22, 2024
FSDC meet takes up simplification of KYC process
Business Standard

FSDC meet takes up simplification of KYC process

Take more steps to curb illegal lending apps: FM

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2 mins  |
February 22, 2024
Business Standard

Hero losing speed in rural 2W race

Hero MotoCorp, India's largest two-wheeler maker, has seen a decline in its market share in rural areas since 2018, losing ground to major competitors such as TVS Motor Company, Bajaj Auto, and Honda Motorcycle & Scooter India (HMSI), according to data from JATO Dynamics reviewed by Business Standard.

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3 mins  |
February 22, 2024
Output for pulses, edible oil may stay below demand till 2047-48
Business Standard

Output for pulses, edible oil may stay below demand till 2047-48

Amid protests by farmers at the PunjabHaryana border demanding legalisation of minimum support price (MSP), a new NITI Aayog report has highlighted the urgent need to diversify from wheat and rice to pulses and oilseeds to bridge the demand-supply gap by 2047-48.

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2 mins  |
February 22, 2024
Business Standard

Indo-US defence summit kicks off

A two-day bilateral defence cooperation meeting, called the India-US Defence Accelerator Ecosystem (INDUS-X), kicked off in Delhi on Tuesday marking a significant milestone in collaboration between the two countries in defence innovation.

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1 min  |
February 21, 2024
Big spike in airfares, demand for hotels during Holi week
Business Standard

Big spike in airfares, demand for hotels during Holi week

If you are planning to travel around I Holi this year, brace for sky-high .

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2 mins  |
February 21, 2024
Sona BLW shifts gear with order boost from EV space
Business Standard

Sona BLW shifts gear with order boost from EV space

Firm's efforts to broaden portfolio will bolster earnings growth: Analysts

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3 mins  |
February 21, 2024
Business Standard

Deduct members' salaries from HUF income to lower its tax bill

HUFS can also claim tax benefits on home loan repayments, insurance premiums, and other tax-saving investments

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2 mins  |
February 21, 2024
ETF turnover tops ₹1trn for second year on the trot
Business Standard

ETF turnover tops ₹1trn for second year on the trot

The value of exchange-traded funds (ETFs) changing hands on the National Stock Exchange (NSE) surpassed 1 trillion in the first nine months of financial year 202324 (FY24), and for the second year in a row.

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1 min  |
February 21, 2024
Business Standard

NMDC poised for gains from demand triggers, expansion

NMDC reported a strong standalone revenue at ₹5,410 crore, rising 45 per cent year-onyear (Y-o-Y) and 35 per cent quarter-on-quarter (Q-o-q) in line with consensus.

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2 mins  |
February 21, 2024
Business Standard

Indices sustain winning run, Nifty hits record high

Benchmark Sensex spurted by 349 points while Nifty scaled a fresh lifetime high on the sixth straight day of gains on Tuesday, driven by buying in banking and select FMCG shares.

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1 min  |
February 21, 2024