CATEGORIES

Rabbi who went missing in UAE was killed: Israel
Business Standard

Rabbi who went missing in UAE was killed: Israel

Israel said Sunday that the body of an Israeli-Moldovan rabbi, Zvi Kogan (pictured), who went missing in the United Arab Emirates has been found after he was killed in what it described as a \"heinous antisemitic terror incident.\"

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1 min  |
November 25, 2024
How Bessent became Treasury secretary from Democrat donor
Business Standard

How Bessent became Treasury secretary from Democrat donor

In the heat of the 2000 presidential campaign, Vice President AI Gore took a break from barnstorming battleground states to attend a fundraiser for the Democratic National Committee in East Hampton, NY Standing behind Gore onstage was Scott Bessent, a hedge fund manager and at the time - a major donor to Democrats who cohosted the event at his home.

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1 min  |
November 25, 2024
How Southwest Airlines lost its groove to unexpected costs and challenges
Business Standard

How Southwest Airlines lost its groove to unexpected costs and challenges

Three years ago, Southwest Airlines started flying out of Bellingham, Washington, a growing city near the Canadian border, aiming to do what it had done in dozens of smaller airports—sell lots of tickets to people who have few other travel options.

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2 mins  |
November 25, 2024
Business Standard

New election commission sworn in B'desh

Bangladesh's newly appointed Chief Election Commissioner AMM Nasir Uddin and four other commissioners were sworn in on Sunday nearly three months after the resignation of the previous commission as deposed prime minister Sheikh Hasina's regime was toppled in a mass upsurge.

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1 min  |
November 25, 2024
Business Standard

Trump effect? Iran to hold N-talks with European powers

Deputy foreign ministers of Iran, UK France, Germany to meet on Friday

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1 min  |
November 25, 2024
$36 trn debt may derail Trump's plans
Business Standard

$36 trn debt may derail Trump's plans

High interest rates and price of repaying debt pose challenges

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1 min  |
November 25, 2024
The rough side of victory
Business Standard

The rough side of victory

Jharkhand finances can be a constraining factor in keeping JMM-Congress electoral pledges, writes YASH KUMAR SINGHAL

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3 mins  |
November 25, 2024
Between falling crop prices & electoral landslide
Business Standard

Between falling crop prices & electoral landslide

In Maharashtra, plunging crop prices foretold a backlash against the Mahayuti, yet the ruling alliance came out on top, by rallying women and through timely crop-related interventions, explains SANJEEB MUKHERJEE

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2 mins  |
November 25, 2024
Mahayuti's mandate: Delivering on promises without derailing growth
Business Standard

Mahayuti's mandate: Delivering on promises without derailing growth

Focus now shifts to promises for women, farmers, and youth. They raise fiscal concerns despite Maharashtra's disciplined finances, writes INDIVJAL DHASMANA

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3 mins  |
November 25, 2024
CBIC should review its MOOWR instructions
Business Standard

CBIC should review its MOOWR instructions

In October 2019, the government introduced much liberalized regulations for manufacture in customs bonded warehouses.

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2 mins  |
November 25, 2024
RBI seeks info on NBFCs' supply-chain financing
Business Standard

RBI seeks info on NBFCs' supply-chain financing

Shadow banks told to rework offers

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1 min  |
November 25, 2024
Adani case, Manipur may take centre stage in winter session
Business Standard

Adani case, Manipur may take centre stage in winter session

Govt lists banking law Bill for Lok Sabha discussions on Day 1

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2 mins  |
November 25, 2024
Business Standard

CCPA seeks to polish diamond framework

Invites stakeholder views for norms

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2 mins  |
November 25, 2024
Aligning with global audit standards critical to Viksit Bharat vision
Business Standard

Aligning with global audit standards critical to Viksit Bharat vision

AJAY BHUSHAN PANDEY, chairman, National Financial Reporting Authority (NFRA), in an interview with Ruchika Chitravanshi in New Delhi, says the latest reforms proposed to India's audit standards are historic and long overdue. Edited excerpts:

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2 mins  |
November 25, 2024
Business Standard

Global fund managers' India euphoria fizzling out

The recent global fund flow data suggests that one big cycle of foreign fund allocation into India may have come to an end and the trend could remain soft for a longer time, according to a report by Elara Capital.

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1 min  |
November 25, 2024
UK FTA talks restart soon; complex issues persist
Business Standard

UK FTA talks restart soon; complex issues persist

Issues like labour, environment remain tricky as talks may begin in Jan

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2 mins  |
November 25, 2024
Major port cargo contracts 3.2% to 68 mt in Oct
Business Standard

Major port cargo contracts 3.2% to 68 mt in Oct

Central government-owned ports, also known as major ports, recorded a rare 3.2 per cent year-on-year (Y-o-Y) contraction in their cargo volumes during October, primarily due to a fall in crude oil and coal shipments, according to government data.

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1 min  |
November 25, 2024
Business Standard

Luxury automakers hike prices up to 3% amid rising costs

Amid mounting inflationary pressures, escalating material costs, and rising operational expenses, luxury carmakers Mercedes-Benz India and BMW India have announced price increases of up to 3 per cent on their entire model ranges effective from January 1, 2025.

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1 min  |
November 25, 2024
Punit Goenka withdraws from ZEEL MD reappointment
Business Standard

Punit Goenka withdraws from ZEEL MD reappointment

ZEE Entertainment CEO Punit Goenka (pictured), who resigned from the post of managing director (MD) last week, has also withdrawn himself from reappointment for the post in the coming annual general meeting (AGM), according to an exchange filing.

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1 min  |
November 25, 2024
Qcom to create 10x more Mamaearths, Boats in 3-4 years
Business Standard

Qcom to create 10x more Mamaearths, Boats in 3-4 years

AADIT PALICHA, co-founder and chief executive officer of quick commerce firm Zepto, speaks to Aryaman Gupta and Shivani Shinde in an interview about the capex plans, slowdown in FMCG sector, and predatory pricing. Edited excerpts:

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3 mins  |
November 25, 2024
How Manjushree morphed into a packaging giant
Business Standard

How Manjushree morphed into a packaging giant

The journey of Manjushree Technopack (MTL) from owning flour mills in Tinsukia, Assam, to becoming a dominant force in India's rigid plastic packaging industry caps a remarkable story of adaptation, innovation and strategic vision.

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2 mins  |
November 25, 2024
Plea in SC to take US charges against Adani on record
Business Standard

Plea in SC to take US charges against Adani on record

Demands conclusive report by Sebi on probe carried out so far

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2 mins  |
November 25, 2024
FMCG distributors flag deep discounts by qcom cos to govt
Business Standard

FMCG distributors flag deep discounts by qcom cos to govt

Fast-moving consumer goods (FMCG) distributors' association has written to the finance ministry, highlighting concern over fund utilisation and fund accumulation by quick commerce companies and deep discounting of goods on their platforms.

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1 min  |
November 25, 2024
ICAI framing qualifications for forensic auditors
Business Standard

ICAI framing qualifications for forensic auditors

The Institute of Chartered Accountants of India (ICAI) is drafting guidelines to mandate compulsory qualifications for professionals conducting forensic audits.

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2 mins  |
November 25, 2024
Dark stores turning profitable rapidly
Business Standard

Dark stores turning profitable rapidly

AADIT PALICHA, co-founder and chief executive officer of quick commerce firm Zepto, says the latest $350 million fundraise is one of the largest ever from domestic investors. This will allow the company to give more shareholding to Indian investors as it eyes an initial public offering (IPO) sometime next financial year. In a video interview with Aryaman Gupta and Shivani Shinde, Palicha talks about the rising scrutiny in the sector, expansion plans, and the IPO. Edited excerpts:

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1 min  |
November 25, 2024
Apple rings in $10 bn in iPhone production FOB
Business Standard

Apple rings in $10 bn in iPhone production FOB

This equates to a $15 billion market value, with 70% exported

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2 mins  |
November 25, 2024
India leads Global South to reject 'unfair' finance deal
Business Standard

India leads Global South to reject 'unfair' finance deal

Rich Global North polluted the planet to turn wealthy in a short span of time, an Indian negotiator told this reporter in Baku last week. \"And now they are trying to get even richer by asking us to fix the problem.\"

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3 mins  |
November 25, 2024
Solar sector caught in a haze as Adani storm set to hit funding, project plans
Business Standard

Solar sector caught in a haze as Adani storm set to hit funding, project plans

The Indian solar sector is bracing for impact after the US charges against the Adani group and NYSE-listed Azure Power last week.

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3 mins  |
November 25, 2024
False solutions for climate change
Business Standard

False solutions for climate change

As the ghastly impacts of climate change become more visible in our everyday lives, it is hard to shake off the feeling that one must step up and do something constructive.

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3 mins  |
November 23, 2024
Expats to residents, Delhi's air is driving people out
Business Standard

Expats to residents, Delhi's air is driving people out

Embassies have stepped up efforts to deal with the situation; WFH option has residents temporarily relocating to their hometowns

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3 mins  |
November 23, 2024