CATEGORIES

Modi hosts MPs at surprise Parliament canteen lunch

On the penultimate day of the final session of the 17th Lok Sabha, Prime Minister Narendra Modi surprised several MPs cutting across party lines as he invited them for lunch at the Parliament canteen.

Kerala plans drive and charge infra for EVS

From range anxiety, to lack of charging infrastructure, to long time taken for charging these are common concerns of users of electric vehicles (EVS).

Paytm readies advisory panel; RFP for auditors

Committee to be headed by former Sebi chief Damodaran

Zomato serves profit for third straight qtr

Revenue from operations jumps 69% to ₹3,288 crore

E-platform helps Apollo log 60% profit jump in Q3

Apollo Hospitals Enterprise (AHEL) on Thursday reported a 60 per cent jump in consolidated net profit to ₹245.3 crore for the third quarter of financial year 2023-24 (Q3 FY24) compared to 153.5 crore in the same period in FY23, owing to a rise in patient flows across hospitals and the digital healthcare platform HealthCo achieving break-even.

AM/NS India Ebitda up 208% at $499 mn

ArcelorMittal Nippon Steel India (AM/NS India) reported a 208 per cent increase in earnings before interest, tax, depreciation, and amortisation (Ebitda) at $499 million in the October-December quarter, driven by higher steel shipments.

Strong revenue growth, margin expansion ahead for Trent

Retail major Trent reported strong standalone revenue growth of 52.5 per cent year-on year (y-o-y) led by 10 per cent growth in like-for-like (L-F-L) sales alongside store additions in Q3FY24.

Equity MF inflows hit 22-month high in Jan

Strong start to new calendar year with gross inflows topping ₹50K crore; Industry AUM nears ₹53 trillion

Sebi debars TV experts for 'stock manipulation'

The Securities and Exchange Board of India (Sebi) on Thursday barred 10 entities, including market experts, research analysts, and guests appearing on Zee Business, from the securities market for allegedly indulging in fraudulent activities by 'influencing innocent investors'.

Regulator mulls liquidation framework for dormant FPIS

The Securities and Exchange Board of India (Sebi) on Thursday proposed a mechanism to allow additional time for foreign portfolio investors (FPIs) to liquidate their assets even after the expiry of their registration.

Brand wars: It's SRK vs Sunny Deol on cement turf

Celebrities promote an industry evolving with rising demand

An extended pause

More clarity is needed on the Paytm issue

A 'pop-up yatri introspects

The Main nafrat ke bazaar mein mohabbat ki dukaan kholne aaya hoon his is what Congress leader and Lok Sabha member Rahul Gandhi said once again as he entered Odisha earlier this week for the Bharat Jodo Nyay Yatra, the sequel to his Bharat Jodo Yatra.

Land and the problem of inequity

In my last column \"Building back better\" (Business standard, January 11), I argued that the binding constraint to India's development transformation was the unequalising allocation of land, capital and human resources.

Manufacture or service: Must we choose?

This debate is futile in India's development journey

The land of Ferrari and Lamborghini has new speed limit: 30 kmph

Bologna has become the first major Italian city to impose the limit on most streets, citing safety and livability delays from construction work on new trom linog ground the city collega

9 killed as violence mars Pak polls; mobile services down

Counting of votes begins; a clear picture expected today; ex-PM Nawaz Sharif seen as frontrunner

'Delivery of welfare schemes under Modi govt efficient'

During its tenure from 2004 to 2014, the United Progressive Alliance (UPA) government could not spend almost 6.4 per cent of the Budget earmarked for the schemes in social and rural sectors amounting to almost 94,060 crore due to poor planning and execution.

Overdependence on ECB under UPA: White Paper

Under NDA, investment inflows have become more stable, it states

NDA removed supply hitch, created infra

The Centre on Thursday claimed that its infrastructure policy differs vastly from that of the United progressive Alliance (UPA) government.

'We are more federal than UPA'

The Ministry of Finance said on Thursday that 41-42 per cent of central taxes have been shared with the states every year over the past decade ruled by the National Democratic Alliance (NDA), compared to 30-32 per cent during the regime of the United Progressive Alliance (UPA).

Govt: No quick fixes, took bold reforms to nurture economy

Bold reforms undertaken by the ruling NDA government since 2014 have resulted in India's transition from a league of 'fragile five' to 'top five' with its economy becoming far more resilient amid a challenging global environment, the Centre said on Thursday.

'Banking crisis most infamous legacy of UPA government'

ABHIJIT LELE Mumbai, 8 February Raising political temperatures ahead of Lok Sabha elections, the Bharatiya Janata Party-led National Democratic Alliance (NDA) government on Thursday, in a white paper, said that the banking crisis was one of the most infamous legacies of the Congress-led United Progressive Alliance (UPA) government, which ruled the Centre between 2004 and 2014.

Status quo: Das has promises to keep...

At the end of the three-day meeting of the central bank's rate-setting body, the Monetary Policy Committee (MPC), Reserve Bank of India (RBI) Governor Shaktikanta Das once again announced his commitment to bottle the inflation genie first before any rate action.

‘Will launch bids for monetising 725,000 carbon credits soon’

Energy Efficiency Services Limited (EESL) Chief Executive Officer (CEO) VISHAL KAPOOR tells Subhayan Chakraborty in an interview in Goa that carbon credits accumulated by the firm are being used to run a key scheme to deliver 600 million LED bulbs. He elaborates on EESL's plans for the Centre's ambitious PM Suryodaya Yojana. Edited excerpts

OIL seeks foreign tech partner for first offshore foray

Eyeing exploration and production off the Andaman and Nicobar Islands, Oil India Limited (OIL) will soon launch roadshows in Abu Dhabi to attract foreign partners, chairman of the company Ranjit Rath told Business Standard on the sidelines of the ongoing 2024 India Energy Week (IEW) here.

OVL likely to lift more crude from Venezuela

Move to help liquidate the firm's dividends stuck in the country

National highways monetisation crosses 1trn

The total value of asset monetisation in national highways crossed the 1 trillion mark on Thursday after the National Highways Authority of India (NHAI) raised 15,624 crore in the third round offering for its infrastructure investment trust (InvIT), the highway authority said.

LICQ3 profit surges 49% to ₹9,444 crore

Life Corporation Insurance (LIC) of India reported a 49.10 per cent year-on-year (Y-o-Y) growth in net during the October-December period of financial year 2023-24 (FY-24), reaching 9,444.42 crore compared to ₹6,334.2 crore in the same period last year on healthy growth in premium and net investment income.

Stance in terms of interest rates, transmission incomplete: Das

Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said the monetary policy stance - \"withdrawal of accommodation\" was in terms of interest rates, and it should be seen in the context of incomplete transmission, along with the inflation rate staying above 4 percent.