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In this issue
December 10, 2022
Lenders purposely delaying Jet revival: JKC tells NCLT
‘Can't take off if relief not granted’
![Lenders purposely delaying Jet revival: JKC tells NCLT](https://reseuro.magzter.com/100x125/articles/18959/1154007/GqXOxDVAA1670628320141/LENDERS-PURPOSELY-DELAYING-JET-REVIVAL-JKC-TELLS-NCLT.jpg)
5 mins
Foreign outflows, weak IT stocks weigh on indices
Sensex declines in 4 out of 5 sessions in the week, Nifty50 in 3 sessions
![Foreign outflows, weak IT stocks weigh on indices](https://reseuro.magzter.com/100x125/articles/18959/1154007/Jqjdn88tP1670628137220/FOREIGN-OUTFLOWS-WEAK-IT-STOCKS-WEIGH-ON-INDICES.jpg)
1 min
FinMin may target fiscal deficit of 5.5-6% in FY24 Budget
In the upcoming Union Budget, Finance Minister Nirmala Sitharaman is likely to target a fiscal deficit in the range of 5.5-6 per cent of nominal gross domestic product (GDP) in the next fiscal year (FY24), according to people aware of the matter.
![FinMin may target fiscal deficit of 5.5-6% in FY24 Budget](https://reseuro.magzter.com/100x125/articles/18959/1154007/qjdtPpAXT1670628470069/FINMIN-MAY-TARGET-FISCAL-DEFICIT-OF-556-IN-FY24-BUDGET.jpg)
2 mins
Gold prices ahead of Sensex on YTD, 5-year basis
The past few years have been good for equity investors with a big rise in stock prices in 2020 and 2021.
![Gold prices ahead of Sensex on YTD, 5-year basis](https://reseuro.magzter.com/100x125/articles/18959/1154007/rkV0NjBjR1670628597581/GOLD-PRICES-AHEAD-OF-SENSEX-ON-YTD-5YEAR-BASIS.jpg)
2 mins
2-wheeler firms get over 2-year breather on emission sensor
Rule deferred as trial results were far from satisfactory’
![2-wheeler firms get over 2-year breather on emission sensor](https://reseuro.magzter.com/100x125/articles/18959/1154007/wSO4WOdE01670628767869/2WHEELER-FIRMS-GET-OVER-2YEAR-BREATHER-ON-EMISSION-SENSOR.jpg)
1 min
BharatPe files arbitration to claw back Ashneer’s 1.4% shares
Arbitration was filed under SIAC rules, and if relief is granted, Grover may lose his unvested shares and right to use the founder title
![BharatPe files arbitration to claw back Ashneer’s 1.4% shares](https://reseuro.magzter.com/100x125/articles/18959/1154007/2tjoc-3Kw1670629099269/BHARATPE-FILES-ARBITRATION-TO-CLAW-BACK-ASHNEERS-14-SHARES.jpg)
1 min
Public service content on pvt TV channels to be voluntary
I&B ministry set to issue clarification soon
![Public service content on pvt TV channels to be voluntary](https://reseuro.magzter.com/100x125/articles/18959/1154007/8lnqIn9Bi1670628849541/PUBLIC-SERVICE-CONTENT-ON-PVT-TV-CHANNELS-TO-BE-VOLUNTARY.jpg)
2 mins
Wedding season drives up vehicle retail sales in Nov
Sales last month were 2nd-best ever, says FADA; there was overall 26% j jump
![Wedding season drives up vehicle retail sales in Nov](https://reseuro.magzter.com/100x125/articles/18959/1154007/XPEXW3nwN1670628932461/WEDDING-SEASON-DRIVES-UP-VEHICLE-RETAIL-SALES-IN-NOV.jpg)
2 mins
Not worried about delay in EV launch: Yamaha India head
IN MIDTO LONG-TERM, WE HAVEA PLAN TO INTRODUCE300 C, 700 CCAND 900 CC MOTORCYCLES. YAMAHA HAS THESE MODELS GLOBALLY, SO WE PLAN TO BRING THEM TO INDIA ACCORDING TO THE RISING DEMAND
![Not worried about delay in EV launch: Yamaha India head](https://reseuro.magzter.com/100x125/articles/18959/1154007/gRbotYzSK1670629049429/NOT-WORRIED-ABOUT-DELAY-IN-EV-LAUNCH-YAMAHA-INDIA-HEAD.jpg)
2 mins
RCap e-auction to kick off on Dec 19
₹5,300-cr offer made by Cosmea-Piramal set as base price
![RCap e-auction to kick off on Dec 19](https://reseuro.magzter.com/100x125/articles/18959/1154007/1_b5VxXC81670629145245/RCAP-EAUCTION-TO-KICK-OFF-ON-DEC-19.jpg)
2 mins
CPSE capex rises to 60% of FY target
The capital expenditure (capex) by large central public sector enterprises (CPSES) with a target of over ₹100 crore touched 60 per cent of the overall ₹6.62-trillion goal during the first eight months of the current financial year (April-November), according to official sources.
![CPSE capex rises to 60% of FY target](https://reseuro.magzter.com/100x125/articles/18959/1154007/-IFJvr-xD1670629335245/CPSE-CAPEX-RISES-TO-60-OF-FY-TARGET.jpg)
2 mins
Govt seeks nod for ₹4.36-trn additional spending in FY23:
Fertiliser, food subsidies, payments to OMCs for LPG dominated demand for more
![Govt seeks nod for ₹4.36-trn additional spending in FY23:](https://reseuro.magzter.com/100x125/articles/18959/1154007/ffDvj_sRT1670629248950/GOVT-SEEKS-NOD-FOR-436TRN-ADDITIONAL-SPENDING-IN-FY23.jpg)
2 mins
Wheat acreage up 25%, but weather a concern
The area under wheat jumped 25 per cent during the week-ended period last year. This comes as farmers brought more area under the crop in anticipation of better returns.
![Wheat acreage up 25%, but weather a concern](https://reseuro.magzter.com/100x125/articles/18959/1154007/EawQn0Vyh1670629518518/WHEAT-ACREAGE-UP-25-BUT-WEATHER-A-CONCERN.jpg)
2 mins
Putin N-threat: Will wipe off any nation that attacks us
Russian President Vladimir Putin vowed on Friday that any country that dared attack Russia with nuclear weapons would be wiped from the face of the earth.
![Putin N-threat: Will wipe off any nation that attacks us](https://reseuro.magzter.com/100x125/articles/18959/1154007/4q_4YHfzf1670629742686/PUTIN-NTHREAT-WILL-WIPE-OFF-ANY-NATION-THAT-ATTACKS-US.jpg)
1 min
IMF, World Bank sound recession alarm
Hopeful that China's reopening will help support world growth
![IMF, World Bank sound recession alarm](https://reseuro.magzter.com/100x125/articles/18959/1154007/dz-c-vXak1670629656854/IMF-WORLD-BANK-SOUND-RECESSION-ALARM.jpg)
1 min
On Credit Suisse warning of 10-27% fall, IT stocks tumble
HCLTech shares decline most at 6.5 per cent after downbeat revenue forecast
![On Credit Suisse warning of 10-27% fall, IT stocks tumble](https://reseuro.magzter.com/100x125/articles/18959/1154007/GSVrKLrU_1670629813134/ON-CREDIT-SUISSE-WARNING-OF-1027-FALL-IT-STOCKS-TUMBLE.jpg)
2 mins
Paytm stockupon sharebuybackplans
Paytm's stock surged over 7 per cent on Friday after it announced plans to consider a share buyback, but analysts warned it would not bring long-term relief to investors as concerns around the firm's slow path to profitability remained.
![Paytm stockupon sharebuybackplans](https://reseuro.magzter.com/100x125/articles/18959/1154007/YBSVybw5j1670629922606/PAYTM-STOCKUPON-SHAREBUYBACKPLANS.jpg)
1 min
Chit funds move up the value chain
But the shift to digital modes has also raised the level of scrutiny and taxation
![Chit funds move up the value chain](https://reseuro.magzter.com/100x125/articles/18959/1154007/zX5YzYa4w1670629965485/CHIT-FUNDS-MOVE-UP-THE-VALUE-CHAIN.jpg)
3 mins
Ahead of QF, France wary of English pace
France will have to be on their toes when they face England in their World Cup quarter-final clash as their opponents have players capable of hurting them on the counter-attack and at set-pieces, coach Didier Deschamps said on Friday.
![Ahead of QF, France wary of English pace](https://reseuro.magzter.com/100x125/articles/18959/1154007/RyaOGvok91670630166446/AHEAD-OF-QF-FRANCE-WARY-OF-ENGLISH-PACE.jpg)
1 min
With jobs no longer secure, career cushioning in play
Professionals and students striving to make themselves future-ready, future-proof
![With jobs no longer secure, career cushioning in play](https://reseuro.magzter.com/100x125/articles/18959/1154007/ZyQCLPBx11670630055718/WITH-JOBS-NO-LONGER-SECURE-CAREER-CUSHIONING-IN-PLAY.jpg)
3 mins
Business Standard Newspaper Description:
Publisher: Business Standard Private Ltd
Category: Newspaper
Language: English
Frequency: 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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