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Business Standard

Diwali airfares shoot to ₹20K-30K on some routes

Flying during Diwali is going to be expensive even if you are booking tickets almost three months in advance.

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3 mins  |
August 13, 2024
After early selloff, Adani stocks limit losses
Business Standard

After early selloff, Adani stocks limit losses

Shares of Adani group companies experienced significant volatility on Monday, with intraday losses ranging from 2.5 per cent to 17.1 per cent, before the stocks regained most of the ground lost.

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1 min  |
August 13, 2024
Bharti dials up UK telecom play with $4 bn stake in BT
Business Standard

Bharti dials up UK telecom play with $4 bn stake in BT

With 24.5% stake, it'll be biggest shareholder in Britain's 2nd-largest telco

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2 mins  |
August 13, 2024
Business Standard

RBI tightens HFC norms to bring them on a par with NBFCs

The Reserve Bank of India (RBI) on Monday tightened norms related to public deposit acceptance by housing finance companies (HFCS), which were so far subject to relaxed prudential norms compared to non-banking financial companies (NBFCs).

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2 mins  |
August 13, 2024
Business Standard

More friendly: IEPFA reaches out to investors

The Investor Education and Protection Fund Authority (IEPFA) is coming up with a raft of measures, including holding an investors' appeals event, to make it more approachable and claimant-friendly, besides resolving some of its systemic issues, according to official sources.

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1 min  |
August 12, 2024
Business Standard

Nehruvian who fell out with Cong

Kunwar Natwar Singh, former foreign minister, India's ambassador to Pakistan during a critical period in the relations between the two countries, and an important influence in guiding India's foreign policy that went far beyond the formal positions he held, died in Delhi at 93.

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2 mins  |
August 12, 2024
Prices spoil the taste of platter
Business Standard

Prices spoil the taste of platter

Following the monetary policy committee meeting last week, Reserve Bank of India (RBI) Governor Shaktikanta Das said that India's inflation targeting could not ignore the \"pressures\" of food inflation.

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1 min  |
August 12, 2024
Business Standard

PET PROJECTS

Why state-run oil companies are spending billions on petchem capacity, amid oversupply and weak margins

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4 mins  |
August 12, 2024
Business Standard

Bank deposits: Barking up the wrong tree?

Despite efforts to boost deposit growth, credit growth is outpacing deposits. Traditional strategies are not working. Are we missing the big picture?

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5 mins  |
August 12, 2024
Business Standard

Idea behind SROs is not to make them more regulatory'

In March, the Reserve Bank of India came out with a framework on self-regulatory organisations (SROs). Since then, industry bodies in finance have shown interest in setting up SROs. It is early days even as there are concerns over dual membership and SROs' scope. ANISH MASHRUWALA, partner, JSA Advocates and Solicitors (and co-chair of the finance practice and head of its banking & finance group), spoke with Raghu Mohan on these issues in a telephonic interview. Edited excerpts:

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3 mins  |
August 12, 2024
Pair base policy with topup to combat rising health premiums
Business Standard

Pair base policy with topup to combat rising health premiums

Buying a multi-year policy will also help you rein in costs

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3 mins  |
August 12, 2024
Business Standard

How to make tax officials accountable

A friend, Kalpesh, recounted an interaction with an Income Tax Officer (ITO) from a decade ago.

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2 mins  |
August 12, 2024
Trent's expansion seamlessly tailors its growth success
Business Standard

Trent's expansion seamlessly tailors its growth success

Cuts a sharp figure on retail runway while peers falter

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3 mins  |
August 12, 2024
Business Standard

Fed's September rate cut unlikely to alter RBI stance'

RAJEEV RADHAKRISHNAN, chief investment officer (fixed income) at SBI Mutual Fund, remains optimistic about the demand-supply dynamics, citing sustained overseas demand as a key factor. In an email exchange with Abhishek Kumar, Radhakrishnan notes that global central banks' potential policy easing could further bolster demand. However, he cautions that portfolio flows into India may be vulnerable if the economic slowdown expands beyond the US, potentially impacting investor sentiment. Edited excerpts:

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2 mins  |
August 12, 2024
Business Standard

A balanced diet of serving up safety with a side of yield

Launched in January 2010, the ICICI Prudential Banking & PSU Debt Fund has consistently ranked within the top 30th percentile of the banking and public sector undertaking (PSU) fund category in the CRISIL Mutual Fund Ranking (CMFR) for the past three quarters ending June 2024.

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1 min  |
August 12, 2024
Invention factory: New India dawning
Business Standard

Invention factory: New India dawning

Invention versus innovation

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4 mins  |
August 12, 2024
Business Standard

Paris blues

India had many near misses at Olympics

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2 mins  |
August 12, 2024
Business Standard

Dhaka's next tasks

Stability and economic progress will have to be restored

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2 mins  |
August 12, 2024
Business Standard

A leg-up from Sebi

The Securities and Exchange Board of India (Sebi) has unveiled a consultation paper to revise the regulatory framework governing investment advisors (IAS) and research analysts (RAS).

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4 mins  |
August 12, 2024
Business Standard

Youth jobless rate fell globally to 15-year low in 2023: ILO

Resilient economic growth after the Covid-19 pandemic coupled with a strong rebound in labour demand has improved the global labour market outlook for young people belonging to the 15-24 age group, according to a report released by the International Labour Organisation (ILO) on Monday.

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2 mins  |
August 12, 2024
Olympic brand gets Paris Games reboot, raises bar for LA
Business Standard

Olympic brand gets Paris Games reboot, raises bar for LA

Against all odds, the Paris Olympics have delivered.

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2 mins  |
August 12, 2024
GPS spoofers 'hack time' on commercial airlines
Business Standard

GPS spoofers 'hack time' on commercial airlines

A recent surge in GPS 'spoofing', a form of digital attack which can send commercial airliners off course, has entered an intriguing new dimension, according to cybersecurity researchers: The ability to hack time.

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1 min  |
August 12, 2024
Will never meddle: Harris vows to keep Fed independent
Business Standard

Will never meddle: Harris vows to keep Fed independent

Plans to unveil policy positions on economy this week

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1 min  |
August 12, 2024
Business Standard

Disney plots villains-themed land, new ships in big resorts push

Walt Disney Experiences Chairman Josh D'Amaro laid out an ambitious growth plan for the company's theme parks at the D23 fan convention, announcing plans for four new cruise ships and details about six new themed lands.

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1 min  |
August 12, 2024
CM who tried to break ground
Business Standard

CM who tried to break ground

Buddhadeb Bhattacharjee took charge to bring West Bengal on India Inc's investment map. He died with the dream unfulfilled,

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4 mins  |
August 12, 2024
Business Standard

Unrest may be bitter pill for health-care tourism

Sector experts fear the ongoing turmoil in Bangladesh could deal a blow to India's healthcare exports.

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2 mins  |
August 12, 2024
To the top, by dint of merit
Business Standard

To the top, by dint of merit

TV Somanathan, soon to become Cabinet secretary, has acquired the reputation of being a civil servant who could work with leaders of different political parties with equal ease and effectiveness, writes A K BHATTACHARYA

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3 mins  |
August 12, 2024
Business Standard

INDIA'S BANGLADESH BETS SURGED BEFORE CRISIS

India has over the years stepped up its economic bets in Bangladesh, where an interim government has been formed after Sheikh Hasina resigned as Prime Minister and fled amid a mass uprising that left hundreds of people dead.

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1 min  |
August 12, 2024
Business Standard

General insurers seek 2-month extension

General insurers seek an extension in deadline until December 2024 from the regulator to comply with the revised master circular guidelines on health insurance products, people aware of the development told Business Standard.

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1 min  |
August 12, 2024
PM unveils Bt cotton, 108 other high-yielding seed varieties
Business Standard

PM unveils Bt cotton, 108 other high-yielding seed varieties

Prime Minister Narendra Modi on Sunday unveiled 109 high-yielding, climateresilient, and biofortified seed varieties, including Bt cotton suitable for rain-fed areas, to enhance agricultural productivity and farmers' income.

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1 min  |
August 12, 2024