CATEGORIES

Business Standard

Govt move on exports to boost revenue for sugar SMEs

The sugar industry is set for a revenue growth of 3 per cent this financial year following the government's decision to allow exports of 1 million tonnes (mt) for the ongoing sugar season 2024-25 (SS25, October-September).

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1 min  |
January 24, 2025
Business Standard

Airtel, Jio comply with voice-only mandate

Trai called for affordable plans for users who rely on calling and SMS, without needing data services

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1 min  |
January 24, 2025
Business Standard

Demand woes may keep a lid on HUL stock in near term

The October-December quarter (Q3FY25) results of fast-moving consumer goods (FMCG) major Hindustan Unilever (HUL) indicated weak demand, with urban growth muted and rural showing recovery.

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2 mins  |
January 24, 2025
Aptel directs Maha discom to pay ₹2,477 crore to NTPC
Business Standard

Aptel directs Maha discom to pay ₹2,477 crore to NTPC

(Aptel) recently directed the Maharashtra State Electricity Distribution Company Ltd (MSEDCL) to pay state-owned NTPC ₹2,477 crore on account of the former terminating its agreement with a subsidiary of the latter.

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2 mins  |
January 24, 2025
Business Standard

Bank NPAs may dip to 2.4% by March: Fitch

The gross non-performing assets (NPAs) of Indian banks may decline by 40 basis points to 2.4 per cent by March 2025 and a further 20 basis points in the next financial year, said rating agency Fitch on Thursday.

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1 min  |
January 24, 2025
Business Standard

Dr Reddy's net up 2.5% on NRT biz

Dr Reddy's Laboratories (DRL) on Thursday reported a 2.5 per cent year-on-year (Y-o-Y) increase in its consolidated net profit for the third quarter of the financial year 2025 (Q3FY25) at ₹1,413 crore.

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1 min  |
January 24, 2025
The Gulf of Whatnow? Mapmakers grapple with Trump's renaming plans
Business Standard

The Gulf of Whatnow? Mapmakers grapple with Trump's renaming plans

What's in a name change, after all? The water bordered by the Southern United States, Mexico and Cuba will be critical to shipping lanes and vacationers whether it's called the Gulf of Mexico, as it has been for four centuries, or the Gulf of America, as President Donald Trump ordered this week.

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2 mins  |
January 24, 2025
Winter sales keep R-Day offers under weather
Business Standard

Winter sales keep R-Day offers under weather

Lower stocks limit offline discounts, but online rebates galore

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3 mins  |
January 24, 2025
Business Standard

Investors pull out cash from India ETF for 3rd week on growth woes

India, an investor favourite for much of last year, has seen investor sentiment sour as concern over the outlook for growth and earnings led investors to yank cash out of exchange-traded funds that buy local stocks.

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1 min  |
January 24, 2025
Ecom firms have R-Day offers both for B2B, retail customers
Business Standard

Ecom firms have R-Day offers both for B2B, retail customers

\"Growth is coming back for retail and a harsher winter, especially in the north, pushed up demand. But we are witnessing growth not just in the north but from other parts of the country as well,\" said Manish Kapoor, CEO at Pepe Jeans India. The denim brand expects growth during the weekend to be 10-12 per cent over last year's Republic Day sales.

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2 mins  |
January 24, 2025
UK probes Apple, Google's mobile ecosystems
Business Standard

UK probes Apple, Google's mobile ecosystems

Apple Inc and Alphabet Inc were hit with UK antitrust investigations over concerns their dominance in mobile services is distorting the market and putting up barriers to entry for competitors.

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1 min  |
January 24, 2025
Business Standard

Path beyond diesel engines hinges on demand

The path beyond diesel engines in India hinges on how automobile manufacturers evaluate the need for new powertrains based on their diverse requirements, such as operating conditions, performance expectations, duty cycles, affordability, and the availability of retail fuel infrastructure,

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2 mins  |
January 24, 2025
Business Standard

Centre May Raise Farm Budget to ₹1.75 Trillion

The Centre plans to increase spending for the agriculture sector by 15 per cent to around ₹1.75 trillion ($20 billion) in next month's budget, two government sources said, marking the biggest increase in six years, as it tries to boost rural incomes and curb inflation.

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1 min  |
January 24, 2025
Business Standard

SMEs most vulnerable to cyberfrauds: PwC exec

Indian companies, particularly small and medium-sized enterprises (SMEs), are vulnerable to cyber frauds, as the country marches ahead in digital innovation, according to a top executive of the PwC.

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1 min  |
January 24, 2025
Business Standard

Withdrawal symptoms

US is ceding global leadership where it matters most

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2 mins  |
January 24, 2025
Other forces that shaped Hinduism
Business Standard

Other forces that shaped Hinduism

The second chapter of Lao Tzu's Tao Te Ching speaks of the interplay of opposites: \"For being and nonbeing arise together; hard and easy complete each other; long and short shape each other; high and low depend on each other; note and voice make the music together; before and after follow each other.\" So it is, and has been, that to define is to exclude; to unite is also to separate.

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3 mins  |
January 24, 2025
72% Mid and Smallcaps Trade Below 200-DMA
Business Standard

72% Mid and Smallcaps Trade Below 200-DMA

It has been a disastrous start of the year for mid and smallcap stocks with both indices underperforming the benchmark Nifty 50 and analysts saying there will be no respite soon.

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1 min  |
January 24, 2025
Business Standard

US House passes immigrant detention Bill

The Republican-led House gave its final approval to a Bill that requires the detainment of unauthorised immigrants accused of theft and violent crimes, marking the first legislation that US President Donald Trump can sign as Congress, with some bipartisan support, swiftly moved in line with his plans to crackdown on illegal immigration.

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1 min  |
January 24, 2025
Business Standard

Mkts edge higher for 2nd day

Benchmark indices extended gains for the second day on Thursday helped by buying in IT, consumer durables and commodity stocks.

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1 min  |
January 24, 2025
ManU May Kick Off India Journey From Chennai
Business Standard

ManU May Kick Off India Journey From Chennai

The beauty of English football at its best – artistic head balls, chest passes, rabona, and scissor kicks – may soon be making its mark on Indian soil.

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2 mins  |
January 24, 2025
Musk, Altman spar over $100 billion AI project backed by Trump
Business Standard

Musk, Altman spar over $100 billion AI project backed by Trump

Elon Musk openly questioned whether companies that joined President Donald Trump's announcement promising hundreds of billions of dollars in artificial intelligence infrastructure could follow through on their promises, exposing an early internal rift within the White House.

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1 min  |
January 24, 2025
Business Standard

Construction chemicals firm MBS eyes ₹500 cr turnover by 2028

Global construction chemicals company Master Builders Solutions (MBS), re-entering the Indian market after two years, aims to achieve an annual turnover of approximately ₹500 crore by 2028, driven by strong demand for its high-quality products that enable faster construction and reduce carbon emissions, India Head Himanshu Kapadia told Business Standard on Thursday.

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1 min  |
January 24, 2025
GREENWARD MOBILITY
Business Standard

GREENWARD MOBILITY

India's flagship auto show made waves with 26 EV launches and auto majors betting big on charging infra

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4 mins  |
January 24, 2025
Business Standard

Kotak Life Sciences Fund raises ₹250 cr

Kotak Alternate Asset Managers, part of the Kotak Mahindra Group, announced the first close of its ₹1,600 crore Kotak Life Sciences Fund.

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1 min  |
January 24, 2025
Ships Likely To Be Granted Infrastructure Status
Business Standard

Ships Likely To Be Granted Infrastructure Status

Govt May Announce Move In Budget

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2 mins  |
January 24, 2025
Pockets and packets shrink as urban consumers face budget squeeze
Business Standard

Pockets and packets shrink as urban consumers face budget squeeze

Urban consumers have been under financial stress over the past six months, prompting many to opt for smaller product packs or switch to unbranded items to manage household budgets.

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1 min  |
January 24, 2025
Business Standard

MDL, ThyssenKrupp Invited for ₹70,000 Cr Submarine Deal Talks

Public-sector shipyard Mazagon Dock Shipbuilders Ltd (MDL) announced on Thursday that it has been invited by the Ministry of Defence (MoD) to begin negotiations from Monday for the approximately ₹70,000 crore Project-75 India deal, under which six conventional submarines are to be built.

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1 min  |
January 24, 2025
Business Standard

No grey areas

Regulated trading before listing will increase transparency

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2 mins  |
January 24, 2025
Business Standard

RBI Expected To Give Hefty Payout To Govt

Money Matters

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1 min  |
January 24, 2025
Business Standard

Singapore HC allows WazirX parent to hold creditors' meet

The Singapore High Court has allowed the parent company of troubled crypto exchange WazirX to convene a meeting to present a scheme of arrangement for recovering lost funds for its users.

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1 min  |
January 24, 2025

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