CATEGORIES

P2P players urge RBI to rethink T+1 timeline mandate
Business Standard

P2P players urge RBI to rethink T+1 timeline mandate

Say additional costs will push weaker entities to the brink

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2 mins  |
August 24, 2024
FM calls for 'positive atmosphere'between officer and taxpayer
Business Standard

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.

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1 min  |
August 24, 2024
Goldman cuts India's GDP forecast for 2024 and 2025
Business Standard

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.

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1 min  |
August 24, 2024
Unemployment among women increased in Q1
Business Standard

Unemployment among women increased in Q1

PLFS data shows it rose to 9% from 8.5% in urban areas

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2 mins  |
August 24, 2024
Ibbi norms for CoC need monitoring mechanism
Business Standard

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.

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2 mins  |
August 24, 2024
UPSC RECOMMENDATIONS FALL SHORT OF DIRECT RECRUITMENT
Business Standard

UPSC RECOMMENDATIONS FALL SHORT OF DIRECT RECRUITMENT

As the debate over lateral entry continues, there is a trend to note.

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1 min  |
August 24, 2024
SBI chief: Deposit mobilisation not a challenge for bank
Business Standard

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.

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1 min  |
August 24, 2024
Business Standard

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.

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1 min  |
August 24, 2024
Business Standard

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.

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1 min  |
August 24, 2024
Business Standard

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.

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1 min  |
August 24, 2024
WazirX allows partial ₹ withdrawals from Aug 26
Business Standard

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.

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1 min  |
August 24, 2024
UP offers 200 acres in Greater Noida to Ducati for racetrack
Business Standard

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.

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2 mins  |
August 24, 2024
Indian carriers almost catch up with Emirates on the Dubai route
Business Standard

Indian carriers almost catch up with Emirates on the Dubai route

The air route to Dubai is the busiest in India.

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2 mins  |
August 24, 2024
Business Standard

Will settle all dues by Sep 30: SpiceJet

There are only a few airlines left in the country.

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1 min  |
August 24, 2024
After 9 yrs, Maruti starts new showroom line
Business Standard

After 9 yrs, Maruti starts new showroom line

Nexa Studio to cater for Tier-II, -III cities

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2 mins  |
August 24, 2024
Air India fined ₹99 lakh for flying with unqualified pilots
Business Standard

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.

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1 min  |
August 24, 2024
Q-com's growth disrupting retail, say distributors
Business Standard

Q-com's growth disrupting retail, say distributors

FMCG association writes to govt seeking redressal

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1 min  |
August 24, 2024
5-yr market ban for Anil Ambani and 24 others
Business Standard

5-yr market ban for Anil Ambani and 24 others

Sebi imposes ₹624 cr fine on 27 individuals, entities

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2 mins  |
August 24, 2024
India not neutral, always on side of peace: Modi in Kyiv
Business Standard

India not neutral, always on side of peace: Modi in Kyiv

PM says would like to contribute personally to end Ukraine-Russia war

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2 mins  |
August 24, 2024
With Paytm deal, Zomato spices up growth menu
Business Standard

With Paytm deal, Zomato spices up growth menu

Vision of creating strong brands could make it a formidable platform, say analysts

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2 mins  |
August 23, 2024
Business Standard

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.

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1 min  |
August 23, 2024
Business Standard

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.

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1 min  |
August 23, 2024
Business Standard

'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:

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2 mins  |
August 23, 2024
Business Standard

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.

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1 min  |
August 23, 2024
Red-hot thematic investing receives 'passive' boost
Business Standard

Red-hot thematic investing receives 'passive' boost

Index funds add 1 million folios in July, 14% of total additions

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2 mins  |
August 23, 2024
ONE-UPMANSHIP IN CONSUMER SPACE
Business Standard

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

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5 mins  |
August 23, 2024
Nutrition labelling: Are large fonts enough?
Business Standard

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).

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4 mins  |
August 23, 2024
Business Standard

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.

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1 min  |
August 23, 2024
Kolkata rape-murder case: SC raps police for probe 'lapses'
Business Standard

Kolkata rape-murder case: SC raps police for probe 'lapses'

Bench directs Union health secretary to launch a portal inviting suggestions on doctors' safety

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3 mins  |
August 23, 2024
Business Standard

Inflation's global rise and swift retreat

Why both Team Transitory and Team Permanent have a claim to victory in the inflation debate

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3 mins  |
August 23, 2024