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Business Standard

RBI may hold repo rates amid high food prices

Most respondents expect rate cuts from Dec; change in stance unlikely

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2 mins  |
August 05, 2024
Brand battles at the Games
Business Standard

Brand battles at the Games

Unauthorised use of pictures and videos of athletes kicks up a storm

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3 mins  |
August 03, 2024
A-I suspends flights to Israel till Aug 8
Business Standard

A-I suspends flights to Israel till Aug 8

Air India has suspended flights to Tel Aviv amid rising tensions between Israel and Iran following the killings of Hamas chief Ismail Haniyeh in Tehran and Hezbollah senior general Fuad Shukr in Beirut.

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1 min  |
August 03, 2024
2 Indian Group Captains selected for Indo-US Space Station mission
Business Standard

2 Indian Group Captains selected for Indo-US Space Station mission

Group Captain Shubhanshu Shukla and Group Captain Prasanth Balakrishnan Nair have been selected for an upcoming Indo-US mission to the International Space Station (ISS), the Indian Space Research Organisation (Isro) announced on Friday.

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1 min  |
August 03, 2024
Brigade stands tall on launch plan, guidance
Business Standard

Brigade stands tall on launch plan, guidance

FY24 saw growth in residential realty, rentals and hospitality

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3 mins  |
August 03, 2024
Equity investors turn aggressive on red-hot defensive stocks
Business Standard

Equity investors turn aggressive on red-hot defensive stocks

After underperforming in the broader market for two years, the stocks in the defensive sectors FMCG, IT Services and pharmaceuticals are once again finding favour among investors.

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2 mins  |
August 03, 2024
Sebi WTM: F&O curbs for stemming 'frenzied trading'
Business Standard

Sebi WTM: F&O curbs for stemming 'frenzied trading'

Markets regulator Securities and Exchange Board of India (Sebi's) measures to curb speculative activity in the ₹450-trillion-a-day futures and options (F&O) market is not a case of \"throwing the baby out with the bathwater,\" whole-time member (WTM) Ananth Narayan said on Friday.

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2 mins  |
August 03, 2024
Zomato in stellar delivery mode after buoyant Q1
Business Standard

Zomato in stellar delivery mode after buoyant Q1

Stock surges 19% to record high of ₹278.45 in intraday trade

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2 mins  |
August 03, 2024
Day 1: Ola Electric IPO booked 35%
Business Standard

Day 1: Ola Electric IPO booked 35%

The initial public offering (IPO) of electric two-wheeler maker Ola Electric was subscribed 35 per cent on Friday, the opening day of the issue.

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1 min  |
August 03, 2024
Business Standard

Regulator to relax norms for registered advisors, analysts

The Securities and Exchange Board of India (Sebi) may bring a proposal early next week to relax norms for registered investment advisors (RIA) and research analysts as it seeks to get more market participants through the formal route and to curb financial influencers' impact.

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1 min  |
August 03, 2024
Delhi's new political economy
Business Standard

Delhi's new political economy

Delhi's soul has been seared by the death of three young people who drowned in the basement of a coaching centre in Old Rajinder Nagar because drainage systems were not working or did not exist.

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3 mins  |
August 03, 2024
Business Standard

Great coaching scam & abomination

How broken our governance and how incredible our hypocrisy must be that we cannot make profits from educating young Indians, but can earn thousands of crores by giving them tuitions?

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5 mins  |
August 03, 2024
Business Standard

Prosecutions and politics don't mix

As America's attention turns to November's presidential election between Kamala Harris and Donald Trump, the prosecutions of the former president have been all but forgotten.

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3 mins  |
August 03, 2024
Business Standard

Back and forth in time

The Universal Humanitarian Church (UHC) is a repressive, regressive organisation that isolates its members from their family and friends, and leeches money from them.

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3 mins  |
August 03, 2024
Business Standard

Must-watch Olympic movies

Any list of must-watch Olympic movies must invariably start with Chariots of Fire and must end with Munich. But I presume most of us have seen both these classics over the years. That is why my picks for today are more recent not the usual age-old favourites that get counted every time the theme is the Olympics.

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3 mins  |
August 03, 2024
Biden tells Netanyahu to accept Gaza ceasefire
Business Standard

Biden tells Netanyahu to accept Gaza ceasefire

US President Joe Biden told Israel's Prime Minister Benjamin Netanyahu to agree to a cease-fire with Hamas as the White House's frustrations over the continuation of the war in Gaza grow.

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1 min  |
August 03, 2024
Behind prisoner swap: Spies, a killer, secret messages, and unseen diplomacy
Business Standard

Behind prisoner swap: Spies, a killer, secret messages, and unseen diplomacy

A turning point came on June 25, when a group of CIA officers sat across from their Russian counterparts during a secret meeting in a Middle Eastern capital.

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2 mins  |
August 03, 2024
Business Standard

Amazon slips after forecast disappoints on AI spendings

Amazon projected profit that missed analysts' estimates, ramping up its spending to meet demand for artificial intelligence services.

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1 min  |
August 03, 2024
Intel to cut 17K jobs in turnaround push
Business Standard

Intel to cut 17K jobs in turnaround push

Biggest share slump in 42 yrs wipes out $32 bn in market value

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2 mins  |
August 03, 2024
Business Standard

Pending applications under Ujjwala stand at over 2.6 million

While the LPG coverage in the country has reached saturation levels, the number of pending applications under the Pradhan Mantri Ujjwala Yojana (PMUY) stood at more than 2.6 million, according to data submitted by the Ministry Petroleum these, 56.5 per cent of the applications are from West Bengal.

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1 min  |
August 03, 2024
Business Standard

No widespread breach in NEET-UG: SC

Asks Centre's high-level committee to review NTA's ops, recommend reforms

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2 mins  |
August 03, 2024
Business Standard

Govt has six priorities for agri growth: Chouhan

A griculture Minister Shivraj Singh Chouhan on Friday said that the Centre has set six priorities for growth of the agriculture sector.

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2 mins  |
August 03, 2024
SGB redemption value falls over 4% on Budget duty cut
Business Standard

SGB redemption value falls over 4% on Budget duty cut

The redemption price of sovereign gold bond (SGB) scheme (SGB 2016-17 Series I - Issue date August 5, 2016) will be ₹6,938 for gold of the 999 purity (of one gram), the Reserve Bank of India (RBI) said on Friday, adding the date of the redemption will be August 5.

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1 min  |
August 03, 2024
Business Standard

J&K gets ₹7.9K cr for J&K Bank dues

The Union government has granted ₹7,900 crore to the Union Territory (UT) of Jammu and Kashmir (J&K) to clear its dues with the J&K Bank, a senior government official said.

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1 min  |
August 03, 2024
Business Standard

RBI revises NPA norms for co-op banks

Pointing to variation in the treatment of provisions for non-performing assets (NPAs) across co-operative banks, Reserve Bank of India on Friday issued norms for uniformity in the treatment of Bad and Doubtful Debt Reserve (BDDR) for prudential purposes.

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1 min  |
August 03, 2024
Business Standard

BCG: Lenders need $1bn to upgrade core bank systems

Indian lenders will have to invest one billion dollars in five to 10 years to upgrade their legacy core banking systems, according to Vipin V, managing director and partner at Boston Consulting Group (BCG).

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1 min  |
August 03, 2024
Business Standard

Sovereign green bond auction gets muted response

The second sovereign green bond auction of the current financial year (FY25) received tepid response as the Reserve Bank of India (RBI) was able to sell only ₹1,697 crore worth of 10-year green paper at a cutoff rate of 6.90 per cent against the notified amount of ₹6,000 crore.

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1 min  |
August 03, 2024
Cabinet approves 8 high-speed road corridor projects worth ₹50,655 crore
Business Standard

Cabinet approves 8 high-speed road corridor projects worth ₹50,655 crore

Will generate an estimated 44.2 million mandays of direct and indirect employment, says govt

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1 min  |
August 03, 2024
PROGRESS MADE BUT 'ZERO HUNGER' TARGET STILL DISTANT
Business Standard

PROGRESS MADE BUT 'ZERO HUNGER' TARGET STILL DISTANT

Cost of a healthy diet in India has increased by 17.5% to $3.36 per person per day in six years

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2 mins  |
August 03, 2024
Business Standard

FY24 saw highest resolutions under IBC

Increase 42% compared to FY23

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2 mins  |
August 03, 2024