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Business Standard

Hindalco Q1 in line with expectations, outlook positive

THE COMPASS The consolidated performance of base metals major Hindalco has matched expectations.

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3 mins  |
August 15, 2024
Equity schemes stockpile cash in response to sky-high valuations
Business Standard

Equity schemes stockpile cash in response to sky-high valuations

July sees cash levels climb to 5.4% from June's 4.6%

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2 mins  |
August 15, 2024
Business Standard

No NOC request for NSE IPO, says Sebi

The Securities and Exchange Board of India (Sebi) on Wednesday informed the Delhi High Court that the National Stock Exchange (NSE) has not submitted a fresh request for a no-objection certificate (NOC) for its listing.

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2 mins  |
August 15, 2024
Global immigration crackdown ensnares students abroad
Business Standard

Global immigration crackdown ensnares students abroad

International students long the golden goose for universities and colleges in advanced economies - face an increasingly uncertain future as governments seek easy targets to rein in surging immigration.

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7 mins  |
August 15, 2024
Oppn fuelling B'desh-like protests, says Mamata
Business Standard

Oppn fuelling B'desh-like protests, says Mamata

CBI reaches Kolkata; Rahul questions local admin on attempt to save accused’

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3 mins  |
August 15, 2024
Over 400 sexual harassment at work cases every year since 2018
Business Standard

Over 400 sexual harassment at work cases every year since 2018

India has seen over 400 cases of sexual harassment at work every year since 2018, with an average of 445 cases being reported yearly, according to National Crime Records Bureau (NCRB) data.

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1 min  |
August 15, 2024
Business Standard

July PV wholesales fall 2.5% on inventory woes

Passenger vehicle (PV) wholesales in July have slipped by 2.5 per cent as original equipment manufacturers (OEMs) have recalibrated their dispatches to dealers in the wake of high unsold inventory lying at the retailers' end.

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1 min  |
August 15, 2024
Majority of Google phones may soon be India-assembled
Business Standard

Majority of Google phones may soon be India-assembled

Currently, the phones are made in Vietnam and China

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2 mins  |
August 15, 2024
'Not looking to bring in strategic investor'
Business Standard

'Not looking to bring in strategic investor'

Metropolis Healthcare Executive Chairperson and Whole-time Director AMEERA SHAH talks about her plans for network expansion, and focus on business-to-consumer segment as well as expansion of footprint in smaller towns of India. In a video interview with Sohini Das, Shah outlines her strategy for international business, and also talks about why she got in a new CEO. Edited excerpts:

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2 mins  |
August 15, 2024
Business Standard

Narrowing the divide

Banks need to adjust to lower margins

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2 mins  |
August 15, 2024
Business Standard

Jobs & growth: Good news and bad news

Our potential for decades of high growth demands the creation of millions of high-quality jobs in labour-intensive industries

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4 mins  |
August 15, 2024
Business Standard

Rural aspirations

India needs equitable growth

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2 mins  |
August 15, 2024
Business Standard

Revising the consumption basket

Flood inflation continues to be in the news.

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4 mins  |
August 15, 2024
Business Standard

US mulls rare antitrust move: Breaking up Google

Abid to break up Alphabet Inc's Google is one of the options being considered by the US Justice Department after a landmark court ruling found that the company monopolised the online search market, according to people with knowledge of the deliberations.

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2 mins  |
August 15, 2024
Business Standard

Mars to acquire Pringles maker in $36 bn deal

Family-owned candy giant Mars is buying Cheez-It maker Kellanova in a nearly $36 billion deal, bringing together consumer food brands from M&M's and Snickers Pringles and Pop-Tarts in one of the biggest deals in the industry.

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1 min  |
August 15, 2024
Business Standard

US retail inflation falls to 2.9% in July

Annual rise below 3% for first time since 2021

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1 min  |
August 15, 2024
How 'deepfake Elon Musk' became the internet's biggest scammer
Business Standard

How 'deepfake Elon Musk' became the internet's biggest scammer

All Steve Beauchamp wanted was money for his family. And he thought Elon Musk could help.

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2 mins  |
August 15, 2024
Ukrainian troops move deeper into Russia
Business Standard

Ukrainian troops move deeper into Russia

Ukraine said on Wednesday its forces had advanced further into Russia's Kursk region in the biggest foreign incursion into Russia since World War Two, posing a dilemma for President Vladimir Putin according to US President Joe Biden.

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1 min  |
August 15, 2024
Japan PM Kishida bows out as support declines
Business Standard

Japan PM Kishida bows out as support declines

Three-year term dogged by political scandals, discontent over inflation

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1 min  |
August 15, 2024
Stage set for next-generation economic reforms: President
Business Standard

Stage set for next-generation economic reforms: President

President Droupadi Murmu on Wednesday said the steps that the government has taken across sectors have set the stage for the next-generation of economic reforms and growth.

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2 mins  |
August 15, 2024
India@77:5th-largest economy needs growth to trickle down
Business Standard

India@77:5th-largest economy needs growth to trickle down

Nation faces challenges regarding per capita income and widening income gap between top 1% and bottom 50% remains a concern

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2 mins  |
August 15, 2024
Business Standard

Karnataka halts transactions with SBI, PNB

The Karnataka government on Wednesday issued an order asking all state government departments, including public sector units, boards, corporations, local bodies, and universities, for the immediate withdrawal of deposits from State Bank of India (SBI) and Punjab National Bank (PNB) and stop transacting anv business with these institutions.

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1 min  |
August 15, 2024
Business Standard

WPI inflation cools to 3-mth low of 2%

Moderation driven by decline in inflation of primary articles

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1 min  |
August 15, 2024
Rescued realty firms 2.5x those liquidated: IBBI chief
Business Standard

Rescued realty firms 2.5x those liquidated: IBBI chief

The Insolvency and Bankruptcy Code (IBC) has led to successful resolution of 46 per cent cases admitted in the real estate sector as of June 2024, the latest data with the Insolvency and Bankruptcy Board of India (IBBI) showed.

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1 min  |
August 15, 2024
Looking at FDI policy review: Commerce secy
Business Standard

Looking at FDI policy review: Commerce secy

New Delhi, 14 August The Union government is looking at revising the foreign direct investment (FDI) policy, and is doing stakeholder consultation regarding the same, Commerce Secretary Sunil Barthwal said here on Wednesday.

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1 min  |
August 15, 2024
Business Standard

Top 3 UPI firms process 93% of transactions

The top three players on India's flagship payments platform, Unified Payments Interface (UPI), processed 93 per cent of all such transactions in July, according to data from the National Payments Corporation of India (NPCI).

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1 min  |
August 15, 2024
Exports dip 1.5% in July; trade gap at 9-mth high
Business Standard

Exports dip 1.5% in July; trade gap at 9-mth high

Muted demand, geopolitical challenges weigh on outbound shipments

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2 mins  |
August 15, 2024
Axis Bank taps HNIs beyond metros with wealth product
Business Standard

Axis Bank taps HNIs beyond metros with wealth product

Says pace of growth of affluent Indians outstripping almost every country's

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1 min  |
August 15, 2024
Drones : A Game-Changer in Modern Warfare
Business Standard

Drones : A Game-Changer in Modern Warfare

Drones have become essential in modern warfare, transforming military capabilities. India's private sector is rapidly advancing in drone technology, supporting the nation's push for self-reliance in defence.

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2 mins  |
August 15, 2024
The Aerospace Genius
Business Standard

The Aerospace Genius

Dr Lall is well-versed not only in technology matters, but foreign policy issues as wel

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3 mins  |
August 15, 2024