Bu konuda

July 10, 2024

India, Russia target $100 billion trade by 2030, FTA with EAEU

India and Russia are looking to raise bilateral trade to $100 billion by 2030, balance the lopsided trade, eliminate non-tariff trade barriers, and explore the possibility of a Eurasian Economic Union (EAEU)-India Free Trade Area.

2 mins

Budget may go vocal for higher local procurement

Greater local content norms may kick in first in steel, chemicals, pharma sectors

2 mins

RBI flags 'lakhs' of accounts used for fraud, evergreening

The Reserve Bank of India (RBI) is alarmed that some banks have \"lakhs\" of accounts that are being used for fraudulent transactions and evergreening loans.

2 mins

Hybrids at present emit less carbon than battery-powered electric cars'

Against the backdrop of the ministry of heavy industries (MHI) setting up a task force to design a road map for the country's electric vehicles and amid states such as Uttar Pradesh exempting registration fee for hybrid cars, RC BHARGAVA, chairman of Maruti Suzuki, in a telephonic interview with Surajeet Das Gupta, talks on the battle between electric and other alternative technologies to reduce carbon emissions. Edited excerpts:

3 mins

F&O expert group meets Monday for industry proposals

An expert panel set up by the Securities and Exchange Board of India (Sebi) to review norms for the flourishing equity derivatives segment will meet on July 15 to take on board suggestions by various market participants, said sources.

2 mins

TaMo, M&M cut prices to spur demand

Automobile majors Tata Motors and Mahindra & Mahindra (M&M) have slashed the prices of their popular vehicles in a bid to stimulate demand, at a time when car sales are experiencing a challenging phase with around ₹60,000 crore worth of inventory lying unsold with dealers.

1 min

Cognizant settles CFO lawsuit with Wipro

Nasdaq-listed IT services major Cognizant on Tuesday said the firm's Chief Financial Officer (CFO) Jatin Dalal (pictured) had reached a settlement in the \"non-compete\" lawsuit filed by Wipro.

1 min

Honda 2W share rises after on-board norms compliance

Sales gap with Hero narrows to 45,000 units in June

2 mins

'GenAI giving 30-40% productivity gains

For Dinesh Nirmal (pictured), who heads IBM Software, one of his mandates is to integrate generative artificial intelligence (GenAI) into all products IBM builds and leverage it to enhance developer productivity across global labs.

1 min

Salaried execs drive up sales of pre-owned cars

The demand for pre-owned cars surged in Q2 of 2024 (April to June) as nearly half (48.5 per cent) of salaried professionals celebrated their promotions and bonuses with these car purchases, a report by CARS24, an auto-tech company, said.

1 min

'Salesforce creating solutions specifically for SME segment'

India is a key growth market for Salesforce and it has recently started a public services division in the country. ARUNDHATI BHATTACHARYA, CEO and chairperson of Salesforce India, talks about the public sector services, the role of artificial intelligence (AI) and the small and medium enterprise (SME) segment, in an interview with Ayushman Baruah in Bengaluru. Edited excerpts:

2 mins

Startups taking longer to climb funding stages

Food and agriculture tech startups took the longest

1 min

UPI segment: 'We do not worry about mkt share'

Even as the duopoly of PhonePe and Google Pay in the Unified Payment Interface (UPI) segment is a concern for the National Payments Corporation of India (NPCI), Vikas Bansal (pictured), CEO of Amazon Pay India believes that there is a need to focus on growing new digital payment instruments within the country.

1 min

Fair trade, focus on manufacturing, infra on steel firms' Budget wish list

India's leading steel companies hope the Modi 3.0 Budget will continue the massive capital expenditure currently underway, focusing on infrastructure development, manufacturing, and fair trade.

1 min

From '30, only India-made ships likely in coastal ops

Govt to come up with new shipbuilding policy as part of 100-day plan

2 mins

Mechanisation, better logistics catalyst for record coal stock'

From a coal shortage two years ago to surplus stocks with power plants across the country, coal availability in India has improved significantly. P M PRASAD, chairman and managing director of Coal India Ltd (CIL), says in an email interview with Shreya Jai this is because of several factors - from a boost in production to seamless coordination among different departments and increased mechanisation at the mines. Edited excerpts.

3 mins

Ghosh hangs up boots as Bandhan Bank MD & CEO

Chandra Shekhar Ghosh on Tuesday ended his nearly nine-year tenure as the managing director and chief executive officer (MD & CEO) of Bandhan Bank.

1 min

Canara Bank plans to raise ₹10,000 cr via infra bonds

Public sector lender Canara Bank plans to raise up to ₹10,000 crore through infrastructure bonds for lending to projects in areas like roads, power and ports, among others, this financial year (FY25).

1 min

ONGC unveils ₹2 trn net-zero plan

As part of its net-zero emissions road map, state-owned Oil and Natural Gas Corporation (ONGC) plans to offset 9 million tonnes (mt) of carbon dioxide (CO2) equivalent emissions (tCO2e) by 2038 at a total cost of ₹2 trillion.

1 min

Rolls-Royce offers engines for Zorawar LT, futuristic fighter jet

To conform to India's Atmanirbhar Bharat initiatives, a growing number of aerospace and defence original equipment manufacturers like RollsRoyce are establishing defence production facilities in India.

2 mins

In the making: One-stop portal for MSME queries

The central government is working on a web portal, Udyami Bharat, where entrepreneurs of micro, small, and medium enterprises (MSMEs) can access details of all schemes related to the sector run by different ministries, a senior government official privy to the development said.

1 min

Modi to Putin: No solution possible in battlefield

PM addresses Indian community, announces two more consulates

2 mins

Saudi Arabia to lure ultra-luxury travellers with palace stays

In the south of Riyadh, nestled into downtown streets steeped in rare desert greenery, sits a 365,000 square-foot palace once lived in by King Saud bin Abdulaziz, the second ruler of modern Saudi Arabia.

3 mins

French Left bloc wants to rule but centrists demand a role

French political leaders from the Left-wing that came first in Sunday's legislative election said they intended to govern according to their tax-and-spend programme, but centrists laid claim to a role as the left lacks a majority.

1 min

More good data to strengthen case for rate cut: Powell

Federal Reserve Chair Jerome Powell said \"more good data\" would strengthen confidence that inflation is moving down toward the US central bank's 2 per cent target, and recent readings point to \"modest further progress\" on prices.

1 min

Biden Seeks Rebound As Key Nato Summit Begins

US President will use the stage to convince allies that he can still lead

1 min

World wars in Retailville

The foundation of Clash is an ☐ world's largest retail company, account of how the journey of the Walmart, was disrupted by e-commerce behemoth Amazon.

4 mins

Enabling farmers

New policy on FPOS should improve returns

2 mins

Media's window problem

Every year, there are a few months when the death knell of the film business is sounded.

4 mins

Hope & scepticism in Iran

A reformist becoming President will test the nation

2 mins

Focus back on raising revenue

With the fiscal deficit target staring at the government, the FY25 Budget has limited expenditure options

4 mins

Gas plan caught in regulatory minefield

New Delhi's ambitious targets to clean its air by decarbonising energy sector will be underpinned by its success in building nascent natural gas segment

4 mins

Food services may grow at 8.1% CAGR till 2028

Sector projected to grow to ₹7.76 trn from ₹5.69 trn currently: NRAI

2 mins

Gaming industry 'naturally inclined' to Make in India: Federation CEO

The domestic gaming industry is unique and \"naturally inclined\" to the government's Atmanirbhar Bharat, or self-reliant India campaign, said Anuraag Saxena, chief executive officer of E-Gaming Federation (EGF), on Tuesday.

1 min

Video game studios seek distinction from RMG rivals

In a letter to the Prime Minister's Office (PMO), a consortium of over 70 Indian video game studios, including Outlier Games, SuperGaming, and Newgen Gaming, has asked for the creation of a comprehensive policy for the gaming industry that differentiates video games from real-money games.

2 mins

Budget: Capital gains tax rejig on share sale may dent markets

Any changes to the capital gains tax structure especially a tax hike on the sale of stocks of listed companies could trigger a market correction, according to analysts, who want Finance Minister Nirmala Sitharaman to maintain a status quo in this matter in her Budget on July 23.

2 mins

HDFC MF to halt new SIPs in Defence Fund

HDFC Mutual Fund (MF) has announced that its Defence Fund will stop accepting fresh systematic investment plan (SIP) registrations from July 22.

1 min

Sebi seeks feedback on Reit, Invit rule changes

Securities and Exchange Board of India (Sebi) on Tuesday said it has sought public views on the proposed amendments to the master circulars for real estate investment trusts (Reits) and infrastructure investment trusts (Invits).

1 min

Analysts divided on GAIL's prospects; limited fresh gains in the offing

While most analysts are expecting poor results from oil marketing companies (OMCs) in the first quarter of 2024-25 (Q1FY25) and even in the first half (H1) of FY25, GAIL (India) could be an outlier.

2 mins

Maruti drives market euphoria

Nifty hits fresh high; Sensex jumps over 300 points as M&M, Tata Motors also rev up gains

2 mins

MF AUM tops ₹60 trn on record inflows

Industry adds last 10 trillion in just six months

2 mins

Paint stocks await fresh coat after lacklustre Q4

Rerating some time away, no immediate trend reversal: Analysts

2 mins

Business Standard dergisindeki tüm hikayeleri okuyun

Business Standard Newspaper Description:

Business Standard is India's leading business daily.
A preferred choice of serious business readers, Business Standard is acknowledged as a quality leader.

Business Standard stands for reporting that stresses accuracy and credibility, commentary that is informed, independent and fair, and journalism that is rooted in ethical conduct and defined by a sacrosanct bond with the reader. All Business Standard journalists sign on to a code of conduct that is available on the website.

Business Standard's editorial team is led by Shyamal Majumdar.

The English newspaper is published from 12 centers - New Delhi, Mumbai, Kolkata, Bengaluru, Chennai, Ahmedabad, Hyderabad, Chandigarh, Lucknow, Pune, Kochi and Bhubaneswar. It is also printed from Bhopal.

The Hindi Business Standard is published from eight centres - New Delhi, Mumbai, Kolkata, Patna, Lucknow, Bhopal, Chandigarh and Raipur.