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Meity plans jobs push in electronic parts PLI

The Ministry of Electronics and Information Technology (Meity) is looking at a proposal to generate 1.5-2 direct jobs for every 1 crore invested by companies under the proposed electronic components production-linked incentive (PLI) scheme.

SBI fighting for deposits through 'service quality'

CS Setty, new chairman of State Bank of India (SBI), on Thursday said competition with other banks for deposits would not be on interest rates but the focus would be on leveraging the branch network.

Moody's raises India's growth estimate to 7.2%

Fitch affirms sovereign credit rating at 'BBB-'

Sebi Chair bats for better compliance to foster trust

Buch says received over 6,000 responses on proposed changes to curb speculation in F&O segment

CD ratios in India lower than many nations, says Ashima

The credit-deposit (CD) ratio of Indian banks is lower than several global banks, said Ashima Goyal, Professor at the Indira Gandhi Institute of Development Research, and the current member of the Reserve Bank of India's Monetary Policy Committee.

Fintechs can't bypass compliance irrespective of scale, says RBIED

The Reserve Bank of India (RBI) has urged fintechs not to compromise on compliance, irrespective of scale, P Vasudevan, RBI executive director, said.

Actuarial valuation of unorganised sector pension scheme in offing

Proposal requires estimating liability on account of benefit under the PM-SYM scheme

Fintechs don't have track record to evoke trust: RBI's Sankar

Fintech companies, unlike traditional financial institutions such as banks, nonbanking financial companies (NBFCs), and mutual funds, have yet to establish the trust that stems from being licensed, regulated, and having a proven track record, said T Rabi Sankar, deputy governor of the Reserve Bank of India (RBI), on Thursday.

Zepto adds $340 mn to basket; valuation at $5 bn ahead of IPO

General Catalyst, Dragon Fund, Epiq Capital led the round

Coming soon to Chennai: Nokia's mega testbed

Soon, the global vision of blazing-fast bandwidth with ultra-high-speed internet access which could revolutionise virtual reality, augmented reality, and the technology landscape - will get a Chennai touch.

'Jio now world's largest mobile data company'

Carries 8% of global data traffic

Jio Brain unveiled to streamline AI

Al technology should not be a luxury reserved for a few, says Mukesh Ambani

Reliance Retail eyes 2x rise in biz, luxe jewellery foray

Firm's grocery business is one of the fastest-growing, says Isha Ambani

DGCA cracks the whip on 3 airlines

SpiceJet under 'enhanced surveillance'

Adani tops Ambani as India's richest on Hurun list, SRK makes debut

Despite challenges following US-based short seller Hindenburg Research's report against his companies in January last year, billionaire Gautam Adani and his family top the 2024 Hurun India Rich List, after their wealth increased 95 per cent to ₹11.61 trillion.

Entry threshold for GIFT City listing cut to 10%

The finance ministry on Thursday issued a notification allowing companies to list on stock exchanges in GIFT City with a minimum of 10 per cent public shareholding, down from the previous requirement of 25 per cent for continued listing on stock exchanges in India and GIFT City.

New database on status of charities for taxation clarity

The Central Board of Direct Taxes (CBDT) has instructed its officials to create a new database of charitable institutions to track their registration status under different provisions of the Income-Tax (I-T) Act.

RIL to consider bonus issue of shares, a first in 7 years

Aims to be among world's top 30 firms; silent on listing of retail, telecom units

Ajourney of peril and promise

India at 77 stands as a country that has held its own, showing a remarkable capacity to manage an essentially adversarial external environment

Fiscal tales: How money moved over 50 years

Annual government spending has shot up. Fiscal deficit concerns remain. Between the Centre and states, sometimes one has scored over the other. An overview of government finances since 1975

1975 to now: The India story

The country had started to turn the corner around the time Business Standard was born. Attention to under-addressed areas can now put it on course to becoming a truly high-growth, 'high-development' economy

Dispute settled but Zee outlook still uncertain

Intensified competition ahead with Disney-Reliance entity: Analysts

HC slaps ₹80L fine on Sebi, NSE, BSE for illegal freezing of demat accounts

The Bombay High Court has imposed a penalty of ₹80 lakh on the Securities and Exchange Board of India (Sebi), the National Stock Exchange (NSE), and the BSE for the illegal freezing of demat accounts of a Mumbai resident and his non-resident son who were erroneously classified as promoters.

Small, midcap indices set to outperform Sensex for 5th mth

The BSE Smallcap and BSE midcap indices are set to outperform the frontline benchmark, the S&P BSE Sensex, for the fifth straight month in FY25.

Nifty hits fresh high for 10th session on the trot

The benchmark Nifty 50 index hit a fresh high on Wednesday by closing higher for the tenth consecutive session, marking its longest winning streak in four years, buoyed by continuing support from institutional investors and optimism of an imminent rate cut by the US Federal Reserve.

Sebi cautions against 'unrealistic picture' painted by SME promoters

Amid heightened investor interest in listed small and medium enterprises (SMEs), the Securities and Exchange Board of India (Sebi) on Wednesday issued an advisory cautioning investors against taking decisions based on the 'unrealistic picture' painted by promoters.

Sebi proposes overhaul of investment banking norms

10x hike in net worth, more clarity on roles, responsibilities mooted

Centre suggests states to conduct night patrols, limit access to hospitals

The Centre on Wednesday asked states to conduct night patrols, security audits of district hospitals and regulate access to big health facilities as part of the measures to prevent violence against medics and ensure their safety.

Enough is enough: Prez on crimes against women

Bengal CM calls for capital punishment for convicted rapists

Bridging the language-knowledge gap for a Viksit Bharat by 2047

As we strive towards a \"Viksit Bharat\" by 2047, the pivotal role of languages in shaping the knowledge landscape, especially in the domains of science and technology, cannot be overlooked.