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Business Standard

Easing additional disclosure norms for FPIs on cards

The Securities and Exchange Board of India (Sebi) is mulling changes in regulations for foreign portfolio investors (FPIs) belonging to landbordering countries (LBCs).

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1 min  |
July 31, 2024
Business Standard

Amfi seeks rollback of equity MF taxation

The mutual fund (MF) industry on Tuesday called upon the government to rollback the hike in equity MF taxation.

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1 min  |
July 31, 2024
Business Standard

Sensex, Nifty close flat as profit-booking continues

Benchmark equity indices Sensex and Nifty ended flat on Tuesday following a volatile trading session.

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1 min  |
July 31, 2024
Business Standard

Adani Energy Solutions QIP overbooked 3x, $1bn raised

Adani Energy Solutions, the conglomerate's transmission and distribution entity, on Tuesday said it has launched a qualified institutional placement (QIP).

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1 min  |
July 31, 2024
Don't want Paytm-like contamination in stock markets, says Sebichief
Business Standard

Don't want Paytm-like contamination in stock markets, says Sebichief

Decision on mandatory ASBA for secondary market expected soon

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2 mins  |
July 31, 2024
No stopping mid, smallcap bulls
Business Standard

No stopping mid, smallcap bulls

The Budget's proposals for higher rates on long-term I and short-term capital gains tax (LTCG, STCG) and valuation concerns about mid and smallcap stocks have not deterred bulls in the two segments.

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2 mins  |
July 31, 2024
Business Standard

Les Hindous leads the way

The allure of India's rich heritage shone brightly Saffronart's \"Passages to India Auction 2024\".

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1 min  |
July 31, 2024
With Bronze, shooting stars over the moon
Business Standard

With Bronze, shooting stars over the moon

With Manu Bhaker and Sarabjot Singh winning the second shooting medal for India at the Paris Olympics, the country has already matched its best-ever medal tally in the sport in a single edition of the Games, equalling the two medals it won in the 2012 edition in London.

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1 min  |
July 31, 2024
STEELING A MARCH
Business Standard

STEELING A MARCH

The Big Boys of steel are pushing the pedal to drive the future of mobility

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5 mins  |
July 31, 2024
Business Standard

Big firms don't connect with the masses

The zeitgeist has definitely changed for the better and the more authentic, moving from macro numbers of all kinds and world rankings of the economy as a whole to looking inwards at what's happening to People India and acknowledging that the core muscles of the economy need urgent strengthening.

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3 mins  |
July 31, 2024
Business Standard

Climate adaptation

India must invest in agricultural research

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2 mins  |
July 31, 2024
Business Standard

Boosting trade

Lower tariffs will improve export competitiveness

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2 mins  |
July 31, 2024
Luxury retail empire Hermès'heir alleges his fortune has vanished
Business Standard

Luxury retail empire Hermès'heir alleges his fortune has vanished

An octogenarian heir to the Hermès luxury fortune, who sparked controversy last year over a plan to leave his money to his gardener, may not have much to give away after all.

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2 mins  |
July 31, 2024
Business Standard

Israeli protesters storm bases over soldiers' arrests

Protesters and far-right lawmakers from Prime Minister Netanyahu's stormed two army bases as tensions soared in Israel over the coalition demonstrators targeting a military site particularly during wartime - is a striking development because the army has long been one of Israel's most trusted institutions.

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1 min  |
July 31, 2024
Business Standard

Microsoft reports outage of Office, Cloud services

Microsoft said it's investigating outages of some Office applications and cloud services.

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1 min  |
July 31, 2024
Google, Anthropic tie-up under UK investigation
Business Standard

Google, Anthropic tie-up under UK investigation

Concern over multiple deals between smaller startups and tech giants

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1 min  |
July 31, 2024
Business Standard

No compensation paid from Environment Relief Fund in 5 yrs

No compensation has been paid from the Environment Relief Fund (ERF) since 2019, Union Minister of State for Environment, Forest and Climate Change Kirti Vardhan Singh informed the Rajya Sabha last week.

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2 mins  |
July 31, 2024
123 dead, many trapped in Wayanad landslides
Business Standard

123 dead, many trapped in Wayanad landslides

Teams from Army, Navy, NDRF look for survivors amid rough weather

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2 mins  |
July 31, 2024
Life insurers to move Irdai for extension on implementing surrender value norms
Business Standard

Life insurers to move Irdai for extension on implementing surrender value norms

Life insurers are planning to seek a three-month deadline extension from the regulator on the implementation of surrender value norms, said multiple people aware of the development.

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2 mins  |
July 31, 2024
Business Standard

I-T dept begins scrutiny in reassessment cases for AY19

The income-tax (I-T) department has started scrutinising cases for the assessment year (AY) 201819 to determine which of them need to be reopened, a process that might result in a raft of tax notices.

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1 min  |
July 31, 2024
'Industry demand for protection may derail FTA discussions'
Business Standard

'Industry demand for protection may derail FTA discussions'

Commerce and Industry Minister Piyush Goyal on Tuesday cautioned the Indian industry against their reluctance to import duty concessions, saying this might adversely impact the proposed free-trade agreements (FTA) with the United Kingdom (UK) and the European Union (EU).

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1 min  |
July 31, 2024
Business Standard

'Industry demand for protection may derail FTA discussions'

India is not \"rethinking\" supporting investments from China, said Commerce and Industry Minister Piyush Goyal on Tuesday, referring to a proposal made in the Economic Survey 2024.

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1 min  |
July 31, 2024
Hunger in India down: UN food body report
Business Standard

Hunger in India down: UN food body report

In what could come as a piece of good news, hunger in India - as measured by the Prevalence of Undernourishment (POU) by the United Nation's Food and Agriculture Organisation (FAO) has come down from 16.6 per cent of the population in the 2020-2022 to 13.7 per cent in 202123, the latest report on the State of Food Security and Nutrition in the World (SOFI 2024) showed.

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2 mins  |
July 31, 2024
Business Standard

State-run non-life insurers returned to black in FY24

State-owned non-life insurers reported a combined net profit of ₹7,558 crore in 2023-24 (FY24), compared to a loss of nearly ₹3,529 crore in FY23, Minister of State for Finance Pankaj Chaudhary said in a written response to a question in the Lok Sabha.

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1 min  |
July 31, 2024
FM: 'India not safe for investors' a conspiracy
Business Standard

FM: 'India not safe for investors' a conspiracy

Sitharaman says Budget tried to balance growth, jobs, welfare spend, capex

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2 mins  |
July 31, 2024
Qualcomm hots up low-cost 5G chip battle
Business Standard

Qualcomm hots up low-cost 5G chip battle

Qualcomm launched an affordable, Indiadesigned chipset, the Snapdragon 4s Gen 2, on Tuesday.

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1 min  |
July 31, 2024
Matter with BCCI 'almost resolved': Byju's to NCLAT
Business Standard

Matter with BCCI 'almost resolved': Byju's to NCLAT

Appellate body to hear case today

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1 min  |
July 31, 2024
Fans turn creators in changing video landscape
Business Standard

Fans turn creators in changing video landscape

Sukumar's, Pushpa 2: The Rule, sequel to the 2021 Allu Arjun hit Pushpa: The rise is one of the most awaited movies of 2024.

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2 mins  |
July 31, 2024
India's $35 trn economy goal provides Airtel vast growth potential: Mittal
Business Standard

India's $35 trn economy goal provides Airtel vast growth potential: Mittal

India's strides towards the ambitious goal of being a $35 trillion economy by 2047, will provide Airtel tremendous growth opportunities and new avenues of business, Chairman Sunil Mittal wrote in the company's annual report released on Tuesday.

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1 min  |
July 31, 2024
Expect rural markets to do well going forward'
Business Standard

Expect rural markets to do well going forward'

Adani Wilmar expects volume growth to be in the range of 8-10 per cent over the next three quarters. After announcing the June quarter (Q1FY25) results, Managing Director and Chief Executive Officer ANGSHU MALLICK and Chief Financial Officer SHRIKANT KANHERE spoke to Sharleen D'Souza in a telephonic interview about. Edited excerpts:

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1 min  |
July 31, 2024