CATEGORIES

GPS data collection only on NHS, says govt amid privacy concerns
Business Standard

GPS data collection only on NHS, says govt amid privacy concerns

Amid concerns over data privacy in the proposed GPS-based toll collection system, also known as Global Navigation Satellite System (GNSS) toll collection, highways secretary Anurag Jain has clarified that data collection will only be limited to national highways.

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2 mins  |
September 14, 2024
LONELY IN THE CITY
Business Standard

LONELY IN THE CITY

Startups offering friendships, travel buddies, and companionship look to address loneliness, which WHO calls a public health concern

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4 mins  |
September 14, 2024
Margin woes, valuations to weigh on P&G Hygiene
Business Standard

Margin woes, valuations to weigh on P&G Hygiene

From its highs over the past month, the stock of Procter & Gamble Hygiene and Healthcare fell 7 per cent before recovering this week.

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2 mins  |
September 14, 2024
Business Standard

Majority of Adani group stocks settle lower

As many as seven Adani group stocks ended lower on Friday as the Swiss authorities froze $311 million (2,610 crore) held by a Taiwanese resident in multiple Swiss bank accounts as part of a money laundering probe, suspecting he may be a frontman from the group charge the conglomerate vehemently denied.

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1 min  |
September 14, 2024
Sebi drops charges against NSE, former execs in colo case
Business Standard

Sebi drops charges against NSE, former execs in colo case

Cites lack of evidence to support claims of collusion with OPG Securities

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2 mins  |
September 14, 2024
Business Standard

Growth, quality investing gain momentum, outdo value theme

The equity market is witnessing a significant shift in investment preferences, as 'growth' and 'quality' themes regain traction, outpacing the 'value' theme.

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2 mins  |
September 14, 2024
Business Standard

China raises retirement age for first time since '78

Move to help counter demographic headwinds, to be implemented voluntarily

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1 min  |
September 14, 2024
Russia expels 6 UK diplomats over spying claims
Business Standard

Russia expels 6 UK diplomats over spying claims

Russia's FSB security service said on Friday it had revoked the accreditation of six British diplomats in Moscow after accusing them of spying and sabotage work, signalling the Kremlin's anger at what it sees as London's vital role in helping Ukraine.

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1 min  |
September 14, 2024
Business Standard

I might be from the Mufti family but will have to earn my respect here'

It's 11 am on Saturday. Bijbehara, the family bastion of the Peoples Democratic Party (PDP) in southern Kashmir, is abuzz with loud songs and slogans blazing out of loudspeakers atop overcrowded load- carriers that follow a cavalcade of green fluttering vehicles. This is just another campaign day for ILTIJA MUFTI (pictured), a third-generation politician of the Mufti family contesting her maiden election. She is stepping into the shoes of her grandfather and PDP founder, Mufti Mohammad Syed, and mother, Mehbooba Mufti, both of whom started their political careers from the home seat of Srigufwara-Bijbehara. Following a door-to-door campaign, she speaks with Kaleem Geelani. Edited excerpts:

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2 mins  |
September 14, 2024
Kejriwal walks out of jail in Delhi excise policy case
Business Standard

Kejriwal walks out of jail in Delhi excise policy case

SC grants bail to CM with riders; boost for AAP ahead of Haryana, Delhi polls

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2 mins  |
September 14, 2024
Business Standard

Goyal launches two portals for timely delivery of services to exporters

Union Commerce and Industry Minister Piyush Goyal on Friday launched two online portals to promote timely and transparent service delivery and reduce the footfall at the doorsteps of various commerce departmental offices.

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1 min  |
September 14, 2024
Business Standard

PM to release 1st instalment of central aid for new rural homes

Prime Minister Narendra Modi will, over the next few days, release the first instalment of the central financial assistance and hand over approval letters to the new beneficiaries of rural housing scheme Pradhan Mantri Awas Yojana Grameen (PMAY-Grameen), who have been identified for the new 20 million houses that the Modi government has promised to build over the next five years.

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1 min  |
September 14, 2024
10-yr bond yield falls to 6.79% on Fed rate-cut expectations
Business Standard

10-yr bond yield falls to 6.79% on Fed rate-cut expectations

Yield on longest-tenure govt bond, 50-yr paper, drops below 7% for 1st time on insurers' demand

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2 mins  |
September 14, 2024
Business Standard

How financial regulators are appointed, removed

Key financial regulators have similar provisions for the creation of their key governing bodies as well as rules on exit.

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1 min  |
September 14, 2024
Business Standard

Govt scraps floor price for basmati rice exports

Tightens stock limit on wheat

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1 min  |
September 14, 2024
Business Standard

Are details of I-T return filings confidential?

Are income-tax returns of individuals confidential? The matter has come up after Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India (Sebi), and her husband, Dhaval Buch, on Friday said their income-tax details had been accessed fraudulently.

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2 mins  |
September 14, 2024
Tax notices to employees a 'discrepancy', says TCS
Business Standard

Tax notices to employees a 'discrepancy', says TCS

Information technology major Tata Consultancy Services (TCS) on Friday termed the tax demand notices received by several of its employees a \"discrepancy,\" and the tax department will be reprocessing the returns.

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1 min  |
September 14, 2024
Centre in talks with states on shipbuilding clusters
Business Standard

Centre in talks with states on shipbuilding clusters

Ministry launches maritime arbitration centre, policy think-tank

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2 mins  |
September 14, 2024
Business Standard

Jio, Airtel part of global venture to sell network API

Ericsson on Friday said it has created a joint venture with a dozen telecom operators, including Reliance Jio and Airtel, to sell network Application Programming Interfaces (APIs) on a global scale.

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1 min  |
September 14, 2024
Ecom Express used incorrect numbers in DRHP: Delhivery
Business Standard

Ecom Express used incorrect numbers in DRHP: Delhivery

Logistics firm Delhivery has alleged that its IPO-bound rival Ecom Express has misrepresented numbers related to the two companies' business metrics in its draft red herring prospectus (DRHP).

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1 min  |
September 14, 2024
U-Boat partners Helios for India entry
Business Standard

U-Boat partners Helios for India entry

Titan-owned watch company Helios on Friday announced a partnership with Italian watchmaker U-Boat to bring its premium watches to India, ahead of the festival season.

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1 min  |
September 14, 2024
E-bus drive set for boost, but delay in tendering poses challenge
Business Standard

E-bus drive set for boost, but delay in tendering poses challenge

PM E-DRIVE and PSM schemes instil confidence among e-bus manufacturers

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2 mins  |
September 14, 2024
Nazara to buy 48% stake in PokerBaazi parent firm
Business Standard

Nazara to buy 48% stake in PokerBaazi parent firm

Transaction valued at ₹832 crore

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2 mins  |
September 14, 2024
PV sales fall for second month
Business Standard

PV sales fall for second month

The Society of Indian Automobile Manufacturers (Siam) released its auto sales data for August 2024, revealing that the passenger vehicle (PV) segment witnessed a decline for the second consecutive month.

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1 min  |
September 14, 2024
Business Standard

Max Healthcare to buy 64% stake in Jaypee Healthcare

Delhi-based hospital major Max Healthcare Institute on Friday announced a strategic collaboration agreement with Lakshdeep Group to acquire a 64 per cent stake in Jaypee Healthcare (JHL), which is undergoing Corporate Insolvency Resolution Process (CIRP).

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1 min  |
September 14, 2024
Business Standard

Sumitomo to invest $710 mn in Indian RE

Tokyo-based Sumitomo Corporation will invest about $710 million to build renewable energy (RE) projects in India, in collaboration with New Delhi-based AMPIN Energy Transition.

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1 min  |
September 14, 2024
Business Standard

Mospi may use GST data to calculate GDP figures

In a bid to improve the calculation of gross domestic product (GDP), the Ministry of Statistics and Programme Implementation (Mospi) is expected to incorporate goods and services tax (GST) data as a new source once the ongoing revision of the national accounts' base year is completed, according to a senior official.

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2 mins  |
September 14, 2024
Business Standard

'Short-sellers may target banks with large CRE exposure'

'We still have distance to cover,' Das says on inflation

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2 mins  |
September 14, 2024
'False, malicious, motivated': Buchs reject Cong charges
Business Standard

'False, malicious, motivated': Buchs reject Cong charges

Sayl-Treturns obtained 'illegally' and twisted to create 'false narrative'

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3 mins  |
September 14, 2024
Business Standard

After 2 years, Ford takes road back to India to make e-cars for export

American carmaker Ford Motor Company is set to reignite its presence in India with plans to restart manufacturing at its Chennai facility, two years after halting operations and exiting the country.

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2 mins  |
September 14, 2024