Business Standard - June 08, 2024Add to Favorites

Business Standard - June 08, 2024Add to Favorites

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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

Bureaucracy braces for change with hope and apprehension

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

Moody's flags concerns over coalition challenge

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

Markets make sharp recovery but a third of stocks still in red

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.

10 past 10, 8:20 or 9:41?

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.

Assertion & confrontation

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.

US PRESIDENT APOLOGISES FOR MONTHS-LONG DELAY IN UKRAINE AID  - Not going to walk away: Biden to Zelenskyy

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.

China's exports grow 7.6% in May, outpace forecasts

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

Passing contentious Bills may become tough for NDA

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.

RBI resolutely on hold amid comfort overgrowth

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

RBI asks banks to rework biz plan, flags gap in credit, deposit rates

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

Das to banks: Must invest adequately in IT systems

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.

'Consumers see further rise in spending'

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

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Business Standard Newspaper Description:

الناشرBusiness Standard Private Ltd

فئةNewspaper

لغةEnglish

تكرارDaily

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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