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Business Standard

No irregularities found in Sebi probe: Zee panel

The Independent Investigation Committee (IIC), set up by the board of Zee Entertainment Enterprises Limited, said that \"no material irregularities\" were found against the company during the investigation by the securities regulator, it said in a release on Wednesday.

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1 min  |
October 10, 2024
India set to join FTSE Russell bond index next year
Business Standard

India set to join FTSE Russell bond index next year

South Korean bonds to be added to FTSE World Government Bond Index

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2 mins  |
October 10, 2024
Mkts erase gains amid sustained FPI selling
Business Standard

Mkts erase gains amid sustained FPI selling

India's benchmark indices made positive strides for the second consecutive session on Wednesday, but sustained selling by overseas investors saw them erase their gains.

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1 min  |
October 10, 2024
‘Anxiety as a symptom of anxiety’
Business Standard

‘Anxiety as a symptom of anxiety’

Today, as we become our own diagnosticians, a quick Google search is handy but not always warranted. Inevitably, one question leads to an obsessive two hour-long spiral down the rabbit hole that is the internet, whether or not the issue deserves such immediacy. This behaviour is not new, as Caroline Crampton points out in her second book, A Body Made of Glass, although it has been on the rise.

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3 mins  |
October 10, 2024
Nomura sees robust growth ahead for domestic AMCs
Business Standard

Nomura sees robust growth ahead for domestic AMCs

Forecasts industry AUM to grow at 18% CAGR between FY24 and FY30

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2 mins  |
October 10, 2024
Business Standard

Unambiguous commitment

MPC wants the disinflation process to be completed

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2 mins  |
October 10, 2024
Business Standard

The making of AI

Physics Nobel has created a controversy

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2 mins  |
October 10, 2024
Strategy for GST reforms: Direction and speed
Business Standard

Strategy for GST reforms: Direction and speed

The argument that the tax system has settled and therefore no longer needs reforms is fallacious

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4 mins  |
October 10, 2024
Toxic work culture is upwardly mobile
Business Standard

Toxic work culture is upwardly mobile

A sewer is the world's least desired workplace. Yet blocked sewers and septic tanks make up the daily place of work for over 700,000 Indians known as manual scavengers, a profession that is officially supposed to be banned in India. A minuscule proportion of such workers get to use the giant cleaning machines that their counterparts in the West can depend on to do their work every day. In the past five years, over 300 Indians, overwhelmingly from among the lowest castes and backward communities, died by drowning or asphyxiation in the line of duty.

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3 mins  |
October 10, 2024
Business Standard

Airbus says deliveries fell 9% in September

Airbus deliveries fell 9 per cent in September to 50 aircraft, compared with the same month last year, the European planemaker said on Wednesday.

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1 min  |
October 10, 2024
Amazon targets faster deliveries with new tech
Business Standard

Amazon targets faster deliveries with new tech

Amazon, in its quest for greater efficiency, has developed new systems to shave seconds off each package delivery and to help customers make faster buying choices, even for new product types that they may know little about.

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1 min  |
October 10, 2024
Boeing revokes pay offer as strike drags on
Business Standard

Boeing revokes pay offer as strike drags on

Talks between Boeing and its key manufacturing union broke down, and no negotiations are currently planned as the financially damaging strike heads into a fourth week.

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1 min  |
October 10, 2024
Netanyahu speaks to Biden as Israel's Iran retaliation looms
Business Standard

Netanyahu speaks to Biden as Israel's Iran retaliation looms

Israeli Prime Minister Benjamin Netanyahu's office said he spoke with US President Joe Biden for the first time in more than a month as Washington looks to temper Israel's retaliation for last week's missile attack from Iran.

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1 min  |
October 10, 2024
Google faces breakup in historic antitrust case
Business Standard

Google faces breakup in historic antitrust case

Firm says it would have significant consequences for consumers, businesses

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2 mins  |
October 10, 2024
Soon, pay up to ₹1K without entering PIN on UPI Lite
Business Standard

Soon, pay up to ₹1K without entering PIN on UPI Lite

The Reserve Bank of India (RBI) on Wednesday enhanced transaction limits for UPI123Pay and UPI Lite to encourage wider adoption of these UPI products.

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1 min  |
October 10, 2024
BUYERS' BET Consumer confidence improves in RBI's September survey
Business Standard

BUYERS' BET Consumer confidence improves in RBI's September survey

Consumer confidence improved in the September 2024 Survey round compared to the previous round in July due to better perceptions about the general economic, employment, and income conditions, according to the Reserve Bank of India's (RBI) forward looking survey.

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1 min  |
October 10, 2024
Business Standard

Hopes dashed but prudent approach, say realtors

Even as the realtors' hopes for a repo rate cut ahead of the festive season were dashed after the Reserve Bank of India (RBI) kept it unchanged at 6.5 per cent for the 10th consecutive time on Wednesday, real estate industry experts say that the decision represents a \"prudent approach\" expected to boost stability in the sector.

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1 min  |
October 10, 2024
RBI opens door for rate cut, finally
Business Standard

RBI opens door for rate cut, finally

If we see higher inflation in Sep-Oct and 7% GDP growth in Sep qtr, will the RBI go for a rate cut in Dec? Or, will that be pushed to Feb?

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4 mins  |
October 10, 2024
Business Standard

Micro, small enterprises not to face pre-pay fines

The Reserve Bank of India (RBI) on Wednesday said that banks and non-banking financial companies cannot levy foreclosure charges or pre-payment penalties on floating rate term loans sanctioned to Micro and Small Enterprises (MSEs).

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1 min  |
October 10, 2024
Business Standard

New capital instrument norms for UCBs on anvil

The norms for new capital-raising instruments, such as issuance of shares at a premium for urban cooperative banks (UCBs), are expected to provide flexibility in raising resources and support growth of the sector.

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1 min  |
October 10, 2024
'Confident inflation will moderate in Q3... but risks remain'
Business Standard

'Confident inflation will moderate in Q3... but risks remain'

Reserve Bank of India (RBI) Governor SHAKTIKANTA DAS, along with Deputy Governors MICHAEL PATRA, M RAJESHWAR RAO, SWAMINATHAN J and T RABI SANKAR, responds to a range of questions during a post-policy media interaction. Edited excerpts:

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2 mins  |
October 10, 2024
MPC holding out, but not for long
Business Standard

MPC holding out, but not for long

Ahead of the October meeting of the Monetary Policy Committee (MPC), uncertainty ran high on a potential change in rates, policy stance, and economic forecasts, and for good reason.

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2 mins  |
October 10, 2024
Business Standard

Over 82% of rural youth able to use internet, says govt survey

Over 82 per cent of youth in rural areas between 15 and 25 years of age can use the internet while the figure is nearly 92 per cent in urban cities, showed a government survey.

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1 min  |
October 10, 2024
After Assembly poll results, battle shifts to Maharashtra
Business Standard

After Assembly poll results, battle shifts to Maharashtra

BJP to work for bigger mandate in state: Modi; Cong to study Haryana outcome

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2 mins  |
October 10, 2024
Business Standard

Atishi forced to vacate Delhi CM's residence, claims CMO

Delhi chief minister's residence at 6, Flagstaff Road in Civil Lines was forcibly vacated at the behest of the BJP as Lt Governor V K Saxena wants to allot it to a saffron party leader, the CMO alleged in a statement on Wednesday.

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1 min  |
October 10, 2024
Better access to water, sanitation but only 63% use clean fuel: Mospi
Business Standard

Better access to water, sanitation but only 63% use clean fuel: Mospi

Recent findings from the Comprehensive Annual Modular Survey, released by the National Statistical Office (NSO) on Wednesday, reveal that 97.8 per cent of households have toilet facilities and 95.7 per cent have access to improved sources of drinking water. However, only 63.4 per cent of households use clean fuel for cooking.

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1 min  |
October 10, 2024
Business Standard

Cyberattack probe underway: Star Health

Star Health and Allied Insurance (Star Health) on Wednesday said that a thorough and rigorous forensic investigation led by independent cybersecurity experts is underway into the cyberattack it had been subject to.

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1 min  |
October 10, 2024
Rural indebtedness up, income, spend rise too
Business Standard

Rural indebtedness up, income, spend rise too

Share of food as part of rural consumption falls by 7.84%

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2 mins  |
October 10, 2024
Early dip in stubble fires offers brief relief, but pollution threat looms
Business Standard

Early dip in stubble fires offers brief relief, but pollution threat looms

Delhi's brief reprieve from pollution, a welcome breath of fresh air during the monsoon months, might just linger a little longer. As the first gusts of the stubble-burning season sweep in, the skies are showing a promising change - incidents of crop residue burning have plummeted by nearly 65 per cent.

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2 mins  |
October 10, 2024
WB's Gill: India's rise as high-income developed nation 'not guaranteed'
Business Standard

WB's Gill: India's rise as high-income developed nation 'not guaranteed'

Underscoring the threat of a middle-income trap, World Bank Chief Economist Indermit Gill has said that India's rise as a high-income developed country is \"not guaranteed\" unless it takes specific measures, including giving more economic freedom and improving quality of education.

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2 mins  |
October 10, 2024