Business Standard - June 08, 2024
Business Standard - June 08, 2024
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June 08, 2024
India-Pak WC clash could fetch $4,800 a second in ad spend
Global firms are splurging on advertising for the upcoming cricket match between India and Pakistan to be held in the US, tapping into the spending power of the South Asian diaspora.
1 min
Bureaucracy braces for change with hope and apprehension
Officials fear re-emergence of coalition politics may lead to delayed or disjointed decisions
3 mins
'Tax origin not suitable to measure budgetary devolution to states'
Using the \"origin of tax collection\" as an indicator to decide the budgetary devolutions can further accentuate the already high levels of fiscal inequalities among the states, a recent study published in The India Forum journal says.
1 min
DISCREPANCIES IN TECHNICAL BIDS - Govt likely to give two weeks to ACC PLI applicants
The central government is planning to give a two-week window to the applicants of the 10 GWh tranche of the Advanced Chemistry Cell (ACC) Production Linked Incentive (PLI) scheme to submit all the necessary documents, Business Standard has learnt.
2 mins
Moody's flags concerns over coalition challenge
Says reduced political stability might erode investor confidence
2 mins
ET Money suspends transactions in Quant MF schemes
Online mutual fund (MF) distribution platform ET Money on Friday said it had suspended fresh lumpsum investments and SIP registration in Quant MF schemes owing to pending 'business and operational integration' with the fund house.
1 min
Mirae Asset mulls $150 mn infusion into Sharekhan
South Korea's financial services major Mirae Asset Capital Markets plans to infuse over $150 million into retail broking arm Sharekhan for expansion into wealth and portfolio management business, said sources.
1 min
MARKET CRASH AFTER POLL RESULTS - Plea urges SC to direct govt, Sebi to investigate
A lawyer has filed an application before the Supreme Court \"to direct\" the government and the market regulator to give a report on the share market crash and loss to investors after election results Tuesday.
2 mins
Markets make sharp recovery but a third of stocks still in red
PSES, Adani, infra stocks among laggards
2 mins
Sebi plans to open CDS market for MFs
The Securities and Exchange Board of India (Sebi) is planning steps that will increase participation and allow greater flexibility for mutual funds (MFs) in the credit default swap (CDS) market.
2 mins
Stable policy, revenue visibility & regulated margins triggers for NTPC
As the political uncertainty settles down, investors are reviewing their assumptions about the power sector.
2 mins
Hindu-Muslim coalition back
The Muslim vote is the BJP's biggest worry. Knives are already out and probing its most critical fault line. Without recovering UP, the BJP's decline threatens to become chronic, and progressive
5 mins
A summer kick for football fans
June 15 marks the start of a month of sleepless nights for football fans when the European Championship, better known as the Euro, kicks off with Germany taking on Scotland.
3 mins
10 past 10, 8:20 or 9:41?
I have always wondered why the hands of a wristwatch irrespective of the brand are invariably set to 10:10.
3 mins
Haunted by the Washington Consensus
In 1989, the British economist John Williamson christened what was to become the defining intellectual export of the era of globalisation: The Washington Consensus.
3 mins
Assertion & confrontation
The board that started it all for Chandrashekhar Azad Raavan, winner from the Nagina Lok Sabha constituency in Uttar Pradesh, is still there.
3 mins
US PRESIDENT APOLOGISES FOR MONTHS-LONG DELAY IN UKRAINE AID - Not going to walk away: Biden to Zelenskyy
President Joe Biden announced a new $225 million aid package for Ukraine during a meeting with his counterpart, Volodymyr Zelenskyy, and pledged continued US support as Kyiv looks to turn the tide in the war with Russia.
1 min
Ultra-rich families fuel $20 billion private equity buyout wave
Ultra-rich individuals and families worth more than $150 billion are helping drive a resurgence in private equity buyouts, providing capital for some of the year's biggest acquisitions to overcome a tough dealmaking environment.
2 mins
China's exports grow 7.6% in May, outpace forecasts
China's exports in May grew at their fastest pace in more than a year despite trade tensions, though imports fell short of analyst expectations, according to customs data released on Friday.
1 min
Aramco sale set to raise at least $11.2 billion for Saudi Arabia
Saudi Aramco's mega stock offering will raise at least $11.2 billion for Riyadh, the biggest such deal globally in about three years that will help fund a multitrillion-dollar push to transform the economy.
1 min
Passing contentious Bills may become tough for NDA
Party likely to find it difficult sans support of allies, cooperation from Opposition
1 min
Modi 3.0: Bihar, Andhra likely to get more berths, UP's share may decline
The new council of ministers, led by Prime Minister Narendra Modi, will see greater representation from Bihar and Andhra Pradesh.
2 mins
RBI lays out road map for 100thyr
From positioning itself as a model central bank for Global South to deepening financial inclusion and internationalisation of the rupee, the Reserve Bank of India (RBI) has unveiled a roadmap for its centenary year, outlining key goals aimed at enhancing the country's footprint across the world.
2 mins
RBI resolutely on hold amid comfort overgrowth
The Monetary Policy Committee's (MPC) decision to keep policy rates unchanged was along expected lines.
2 mins
RBI asks banks to rework biz plan, flags gap in credit, deposit rates
Warns microfinance institutions, NBFCs against 'usurious' rates on small loans
2 mins
Forex kitty hit historic high of $652 bn in May
India's foreign exchange reserves increased by $4.83 billion to touch a historic high of $651.5 billion as of May 31, Reserve Bank of India Governor Shaktikanta Das said in his recent monetary policy statement.
1 min
Das to banks: Must invest adequately in IT systems
Underscores urgency to keep up with growth of digital payments
2 mins
RBI to set up platform to curb payment frauds
The Reserve Bank of India (RBI) has proposed to set up a Digital Payments Intelligence Platform to mitigate payment frauds and protect customers from associated risks.
1 min
'Consumers see further rise in spending'
Consumers are expecting a substantial rise in their overall spending over the next year, according to the Reserve Bank of India (RBI) Forward Looking Surveys.
1 min
Airport industry profit to soar 35% in FY25:Capa
The Indian airport industry's profit before tax (PBT) is expected to grow by 35 per cent year-on-year (Y-o-Y) to ₹10,370 crore in the financial year 2024-25 (FY25) amid strong demand and \"unprecedented investment in aircraft orders, product, brand, technology\", said Parampreet Singh Bakshi, vice-president of aviation consultancy firm Capa India, on Friday.
1 min
Business Standard Newspaper Description:
الناشر: Business Standard Private Ltd
فئة: Newspaper
لغة: English
تكرار: Daily
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.
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