100% tariff on Brics if it dumps $, warns Trump
Business Standard|December 02, 2024
Seeks commitment from member nations against finding alternative
100% tariff on Brics if it dumps $, warns Trump

U.S. President-elect Donald Trump warned the so-called Brics nations that he would require commitments that they would not move to create a new currency as an alternative to using the US dollar and repeated threats to levy a 100 per cent tariff.

"The idea that the Brics Countries are trying to move away from the dollar while we stand by and watch is OVER," Trump said in a post to his Truth Social network on Saturday.

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Business Standard

Jay Shah takes over as ICC chairman

Indian cricket administrator Jay Shah on Sunday took charge as the chairman of the International Cricket Council (ICC) with an immediate goal of ending the impasse surrounding the Champions Trophy and a broader vision of making cricket a commercially viable Olympic sport.

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1 min  |
December 02, 2024
Nine states bet $18 bn on women's empowerment
Business Standard

Nine states bet $18 bn on women's empowerment

Nine Indian states with ongoing or proposed cash transfer schemes for women have collectively allocated $18 billion in their 2024-25 Budget Estimates, amounting to 0.5 per cent of India's gross domestic product (GDP) for the same financial year, according to research by Goldman Sachs.

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1 min  |
December 02, 2024
Every couple should have at least three kids, says RSS chief
Business Standard

Every couple should have at least three kids, says RSS chief

Expressing concern over declining population growth, RSS chief Mohan Bhagwat on Sunday said India's Total Fertility Rate (TFR), the average number of children a woman gives birth to in her lifetime, should be at least 3, well above the present one of 2.1.

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1 min  |
December 02, 2024
Painkillers, anti-infective drugs fail quality tests most in 2024: CDSCO
Business Standard

Painkillers, anti-infective drugs fail quality tests most in 2024: CDSCO

Painkillers, anti-infectives and medications for type-2 diabetes were among the class of drugs flagged as not of standard quality (NSQ) and spurious the most in 2024, according to data collated from drug alerts issued by the Central Drug Standards Control Organisation (CDSCO).

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2 dak  |
December 02, 2024
Pollution rises while funds gather dust
Business Standard

Pollution rises while funds gather dust

The National Clean Air Programme (NCAP), launched in 2019 to improve air quality in 131 cities, has shown limited progress as rising pollution levels and underutilisation of funds raise concerns about its effectiveness.

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2 dak  |
December 02, 2024
Robust taxes ease burden of freebies on states
Business Standard

Robust taxes ease burden of freebies on states

The evolving dynamics of state-level politics in India highlight the increasing prominence of welfare schemes and subsidies as decisive factors in elections.

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1 min  |
December 02, 2024
Monetary policy: Hobson's choice before RBI
Business Standard

Monetary policy: Hobson's choice before RBI

This policy comes at a time when growth is slowing, inflation is still pretty high, and the rupee has started losing value against the dollar

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5 dak  |
December 02, 2024
CONSOLATION PRIZES
Business Standard

CONSOLATION PRIZES

UN climate summit in Baku leaves the developing world with crumbs

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5 dak  |
December 02, 2024
SFBs: The canter on a chequered terrain
Business Standard

SFBs: The canter on a chequered terrain

Segmental and geographical expansion, undergirded by strong and increasing presence in semi-urban and rural markets with large untapped potential, will help small finance banks (SFBs) clock robust 25-27 per cent growth in advances this financial year, just shy of 28 per cent in the previous year.

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2 dak  |
December 02, 2024
Now boarding
Business Standard

Now boarding

Governance premium is set to go up by many notches and banks will be put through the wringer, reports RAGHU MOHAN

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6 dak  |
December 02, 2024