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P2P players urge RBI to rethink T+1 timeline mandate
Say additional costs will push weaker entities to the brink
FM calls for 'positive atmosphere'between officer and taxpayer
The goods and services tax (GST) should be implemented effectively and officers should keep their attitude towards taxpayers positive, Union Finance Minister Nirmala Sitharaman (pictured) said on Friday.
Goldman cuts India's GDP forecast for 2024 and 2025
Goldman Sachs Group Inc has lowered India's growth forecast by 20 basis points each for this year and the next, citing a contraction in central government expenditure.
Unemployment among women increased in Q1
PLFS data shows it rose to 9% from 8.5% in urban areas
Ibbi norms for CoC need monitoring mechanism
The recently announced guidelines issued by the Insolvency and Bankruptcy Board of India (IBBI) for the Committee of Creditors (CoC) are a step in the right direction but IBC experts believe it would not be effective unless there is a monitoring mechanism in place.
UPSC RECOMMENDATIONS FALL SHORT OF DIRECT RECRUITMENT
As the debate over lateral entry continues, there is a trend to note.
SBI chief: Deposit mobilisation not a challenge for bank
State Bank of India Chairman Dinesh Khara on Friday said that he does not foresee any challenges for the bank in deposit mobilisation, despite the intensified competition among banks to attract deposits by raising short-term deposit rates.
Viacom18 gets highest-ever India viewership during Olympics
Viacom18 in its first Olympic broadcast gained the highestever viewership for Olympics in India, across linear and digital platforms.
RCaplenders move NCLAT against IIHL
The Committee of Creditors (CoC) of Reliance Capital has filed a petition with the National Company Law Appellate Tribunal (NCLAT), seeking to forfeit funds deposited by Hinduja-owned Indusind International Holdings (IIHL) in the event of a default.
Swiggy targets $15 bn valuation for IPO
SoftBank-backed food delivery giant Swiggy is targeting a valuation of around $15 billion for its upcoming stock market offering to raise $1-1.2 billion, three people familiar with the matter said.
WazirX allows partial ₹ withdrawals from Aug 26
WazirX, the embattled crypto platform that lost $230 million to a cyberattack last month, on Friday said it will allow the withdrawals of up to 66 per cent of an investors' Indian Rupee (INR) balances from August 26.
UP offers 200 acres in Greater Noida to Ducati for racetrack
The Uttar Pradesh government has offered Italian T superbike maker Ducati 200 acres in Greater Noida to develop a racetrack and training centre, believing the proposal would strengthen motorsports in the country if carried through.
Indian carriers almost catch up with Emirates on the Dubai route
The air route to Dubai is the busiest in India.
Will settle all dues by Sep 30: SpiceJet
There are only a few airlines left in the country.
After 9 yrs, Maruti starts new showroom line
Nexa Studio to cater for Tier-II, -III cities
Air India fined ₹99 lakh for flying with unqualified pilots
The Directorate General of Civil Aviation (DGCA) on Friday imposed a fine of 99 lakh on Air India and its two senior executives for operating a flight last month with unqualified pilots.
Q-com's growth disrupting retail, say distributors
FMCG association writes to govt seeking redressal
5-yr market ban for Anil Ambani and 24 others
Sebi imposes ₹624 cr fine on 27 individuals, entities
India not neutral, always on side of peace: Modi in Kyiv
PM says would like to contribute personally to end Ukraine-Russia war
With Paytm deal, Zomato spices up growth menu
Vision of creating strong brands could make it a formidable platform, say analysts
NSE tightens conditions for SME listings
The National Stock Exchange (NSE) on Thursday prescribed eligibility conditions for the listing of small and medium enterprises (SMEs) amid concerns about the quality of companies raising funds through this route.
Sensex may surpass 117,000 by FY30-end on rapid growth
Stocks will rise at a compound annual growth rate of at least 7 per cent over the long-term to unprecedented levels as breakneck economic expansion boosts corporate earnings and margins.
'Markets have started to price in higher probability of US recession, rate cuts'
Global equity markets were rattled recently by the possibility of a recession in the United States (US) and Bank of Japan (BoJ) hiking rates to the highest level in 25 years. ANURAG MITTAL, head of fixed income at UTI Mutual Fund, told Puneet Wadhwa in an email interview that apart from liquid funds, high quality moderate duration products (one-four years) are better suited for investors in the long term. Edited excerpts:
Trent jumps 3% ahead of Nifty rejig
Shares of fashion retailer Trent rose 3.1 per cent to end at a new record high of ₹6,999.
Red-hot thematic investing receives 'passive' boost
Index funds add 1 million folios in July, 14% of total additions
ONE-UPMANSHIP IN CONSUMER SPACE
Reliance Industries and Aditya Birla Group fight tooth and nail for a larger share, though the former has the upper hand as of now
Nutrition labelling: Are large fonts enough?
Last month, the Food Safety and L Standards Authority of India (Essai) approved an amendment to the Safety and Standards (Labelling and Display) Regulations, 2020 (Business Standard, July 9, 2024).
Byju's insolvency: Apex court refuses to stay CoC meetings
The Supreme Court Thursday refused to stay the operations of the Committee of Creditors (CoC) formed in the insolvency resolution process against edtech company Byju's.
Kolkata rape-murder case: SC raps police for probe 'lapses'
Bench directs Union health secretary to launch a portal inviting suggestions on doctors' safety
Inflation's global rise and swift retreat
Why both Team Transitory and Team Permanent have a claim to victory in the inflation debate