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Business Standard

US House clears Quad Bill for closer cooperation

Bill aims to strengthen military, economic, and tech partnership

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2 mins  |
February 17, 2024
Climate change is fuelling a new type of anxiety
Business Standard

Climate change is fuelling a new type of anxiety

When psychotherapist Caroline Hickman was asked to help a child overcome a fear of dogs, she introduced them to her Labradoodle, Murphy.

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2 mins  |
February 17, 2024
Alexei Navalny, fiercest critic of Putin, dies in Arctic prison
Business Standard

Alexei Navalny, fiercest critic of Putin, dies in Arctic prison

US, European leaders blame Kremlin for his death; Russia launches procedural probe

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2 mins  |
February 17, 2024
Business Standard

8 crops procured at MSP will need ₹6 trillion: CRISIL

An analysis done by CRISIL Market Intelligence and Analytics of the 16 out of the 23 crops for which MSP is declared showed that prices of eight of them were below the MSP while the remaining was above the same.

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1 min  |
February 17, 2024
Business Standard

Farmers pause protest; govt says resolution soon

Farmers demanding a law on the minimum support price (MSP) regime on Friday put on hold their march to Delhi for a few days.

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1 min  |
February 17, 2024
Business Standard

ITAT's relief to Congress after bank accounts 'frozen' claim

A ₹115 crore income-tax demand on the Congress triggered a political slugfest on Friday.

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2 mins  |
February 17, 2024
Legal views split on disclosure of political donations by India Inc
Business Standard

Legal views split on disclosure of political donations by India Inc

The implications of the Supreme Court's verdict on the electoral bonds scheme on India Inc's annual disclosures about political donations and bond purchase remain unclear, with legal experts divided on the issue.

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2 mins  |
February 17, 2024
RBI extends deadline for Paytm Payments Bank curbs to Mar 15
Business Standard

RBI extends deadline for Paytm Payments Bank curbs to Mar 15

In the FAQs, the regulator said refunds, cashbacks, and sweep-ins from partner banks would be continued in PPBL accounts post-March 15.

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1 min  |
February 17, 2024
Bond inclusion unlikely to trigger volatility: Goyal
Business Standard

Bond inclusion unlikely to trigger volatility: Goyal

RBI may absorb inflows via bond index inclusion'

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2 mins  |
February 17, 2024
LIC employee unions refuse 14% salary hike
Business Standard

LIC employee unions refuse 14% salary hike

The employee unions of Life Insurance Corporation of India (LIC) on Friday refused the company's 14 per cent salary hike offer, saying it does not reflect the dedication and commitment of workers towards the institution.

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2 mins  |
February 17, 2024
SBI seeking lower CRR on green deposits: Khara
Business Standard

SBI seeking lower CRR on green deposits: Khara

Bank begins assessment of borrowers on ESG parameters

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2 mins  |
February 17, 2024
Carbon capture policy on the cards, says Dastur Energy CEO
Business Standard

Carbon capture policy on the cards, says Dastur Energy CEO

The government is in advanced stages of formulating a policy framework for carbon capture, utilisation and storage (CCUS), Atanu Mukherjee, president and chief executive officer (CEO) of US-based Dastur Energy told Business Standard.

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2 mins  |
February 17, 2024
Business Standard

Revamped SEZ law unlikely before polls

The revamped Special Economic Zone (SEZ) law is unlikely to see the light of the day before the upcoming Lok Sabha elections, two people aware of the matter said.

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1 min  |
February 17, 2024
NBFC-MFIs log 80% net profit jump in Q3
Business Standard

NBFC-MFIs log 80% net profit jump in Q3

The listed microfinance institutions (MFIs) and MFI subsidiaries of the listed finance companies posted 80 per cent year on year (Y-o-Y) growth in net profit at 1,105 crore in the December quarter of the current financial year (FY24).

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2 mins  |
February 17, 2024
Business Standard

Not planning harsher rules to curb fintech: RBI's Vasudevan

The banking regulator doesn't intend to impose drastic measures on the country's fintech sector, a senior official said, weeks after it stunned investors by abruptly suspending much of the operations of Paytm Payments Bank, founded by high-flying billionaire Vijay Shekhar Sharma.

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1 min  |
February 17, 2024
Business Standard

Cabinet approval for ₹76K crore Vadhavan Portsoon:Sonowal

The Centre's ambitious port project in Maharashtra-the ₹76,000-crore Vadhavan Port-will get the Union Cabinet's green light soon, Union minister for ports, shipping, and waterways Sarbananda Sonowal said on Friday.

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1 min  |
February 17, 2024
MGNREGA reduced gender wage gap in rural India: ILO
Business Standard

MGNREGA reduced gender wage gap in rural India: ILO

The introduction and expansion of the rural employment guarantee scheme Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) - has led to a decline in the gender wage gap and increased compliance with the minimum wage regulations in rural areas, the International Labour Organization (ILO) noted in its latest working paper that looked at the employment and wage disparities between rural and urban areas.

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1 min  |
February 17, 2024
Rating agencies need to review framework: CEA
Business Standard

Rating agencies need to review framework: CEA

'Global financial institutions tend to accentuate spillovers for developing nations'

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1 min  |
February 17, 2024
JSW set to invest ₹65,000 cr for power, steel units in Odisha
Business Standard

JSW set to invest ₹65,000 cr for power, steel units in Odisha

Project also includes a captive power plant, jetties with cargo-handling capacity, cement manufacturing unit and township

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1 min  |
February 17, 2024
Business Standard

Paytm shifts nodal account to Axis

Fastag makers gear up as demand soars

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4 mins  |
February 17, 2024
Ajay Singh, Busy Bee bid for Go First
Business Standard

Ajay Singh, Busy Bee bid for Go First

Sharjah-based aviation services company Sky One also announced submitting its bid for the airline

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2 mins  |
February 17, 2024
Business Standard

Akasa to begin int'l ops on Mar 28

Akasa Air announced on Friday that it will operate its first international flight between Mumbai and Doha from March 28.

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1 min  |
February 17, 2024
Business Standard

India outpaces peers in light vehicle sales growth

Sales grew 35% in CY23 compared to pre-pandemic level of CY19

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2 mins  |
February 17, 2024
Business Standard

Will find another opportunity in India, says Sony

With the proposed merger of its Indian arm with Zee terminated, Sony will seek various options, including finding another opportunity to replace the plan and organic growth opportunities in India, which has great potential in the long term, according to a top company official.

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1 min  |
February 17, 2024
It is not about EV vs reducing hybrid but emission: Bhargava
Business Standard

It is not about EV vs reducing hybrid but emission: Bhargava

Maruti Suzuki chairman said electrification may not lead to reduced carbon emission

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2 mins  |
February 17, 2024
IT growth may halve to 3.8% in FY24
Business Standard

IT growth may halve to 3.8% in FY24

Sector size expected to touch $253.9 billion

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2 mins  |
February 17, 2024
Business Standard

IBBI AMENDS RESOLUTION RULES Realty insolvency to be project-wise

In a boost to stressed real estate companies, the bankruptcy board has amended the Corporate Insolvency Resolution Process (CIRP) to allow project-wise insolvency in the sector.

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2 mins  |
February 17, 2024
Blackstone may acquire Carlyle stake in Bharti data centre arm
Business Standard

Blackstone may acquire Carlyle stake in Bharti data centre arm

25% stake in Nxtra Data valued at $2,500 crore

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2 mins  |
February 17, 2024
Business Standard

Banking norms may shield info on electoral bond buyers

Govt unlikely to issue Ordinance

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2 mins  |
February 17, 2024
Business Standard

Margin gains propel India Inc's Q3 profit

Corporate India reported high double-digit growth in net profit for the fourth consecutive quarter in October-December 2023 (Q3FY24), driven by margin gains from lower prices of raw material and energy.

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3 mins  |
February 17, 2024