In this issue

March 09, 2023

Bond yields jump to high on four-month hawkish Fed signals

Yield curve inverts amid growth uncertainty

2 mins

HDFC Bank to launch revamped payments, banking apps soon

To take on Google Pay, PhonePe with new PayZapp

2 mins

Industry share in bank credit hits record low

Accounted for 26.6% of non-food bank credit at the end of January

3 mins

Govt brings crypto assets within ambit of money-laundering law

India, as G20 president, is looking to drive the narrative on dangers of cryptos

3 mins

Will look to increase stakes in Adani companies: GQG's Jain

'It's one of the best energy transition stories you can buy into, one of the best infra assets in India'

2 mins

Adani repays $500-million bridge loan

The Adani group has repaid a $500-million bridge loan that was due on Thursday, people with knowledge of the matter said.

1 min

Blame the war: US, Canada flights now up to 50% dearer

Passengers flying between North America and India coughed up to 50 per cent more on one-way tickets in 2022, compared with 2019, reveals an analysis of airfares.

3 mins

Sanjeev Gupta takes over assets of father's group

Sanjeev Gupta has taken control of assets owned by his father as he reorganises his sprawling metals empire.

1 min

No Succession and Game of Thrones as HBO signs out from Disney+Hotstar

Shows won't be available to stream on the platform after March 31, said the Indian firm

2 mins

Pay, representation gaps: Tech sector far from gender parity at senior level

INTERNATIONAL WOMEN'S DAY

3 mins

Future Enterprises admitted for insolvency, RP appointed

Becomes second group company that will go under the hammer for recovery of dues

1 min

Govt working on unified portal for drug regulatory processes

System to bring together manufacturers, distributors, agencies under a single window

1 min

SBI raises ₹3,717 cr via AT 1 bonds at 8.25%

State Bank of India - the country's largest lender - on Wednesday raised funds worth ₹3,717 crore at a coupon rate of 8.25 per cent through additional tier-1 (AT 1) bonds, which have a ten-year call option.

2 mins

India oil deals with Russia dent decades-old $ dominance

India is the third largest oil importer, and Russia became its leading supplier after Europe shunned Moscow following its invasion of Ukraine last year

5 mins

Q3GDP: Key indicators show continuing uneven growth

Car sales and airline capacity have been strong, but rural wages remain stagnant

3 mins

As prices dip over 20%, onion, potato farmers ploughed into losses

Onion and potatoes, part of the famed TOP trilogy (along with tomatoes), are once again in the news.

3 mins

Jobs elude ITI grads, industry looks at course correction

\"I have been interviewed by Maruti Suzuki India, Hitachi, and Samsung. My curriculum vitae (CV) has done the rounds of local component manufacturers in Indore as well, but without much success,\" says Md Salamat, who finished a two-year course in electronic mechanics from a Delhi Industrial Training Institute (ITI) last year and is still on a job hunt.

3 mins

Indian degrees will be recognised in Australia

AUSTRALIAN PM'S INDIA VISIT

2 mins

JANUARY US JOB OPENINGS DIP, BUT STILL HIGH AT 10.8 MILLION - 25 or 50 bps will depend on coming data: Powell

Repeats message that Fed is likely to take rates higher than anticipated

2 mins

You're promoted as 'manager'. Forget about overtime pay

For four years beginning in 2014, Tiffany Palliser worked at Panera Bread in South Florida, making salads and operating the register for shifts that began at 5 am.

3 mins

China's financial regulators face up to 50% pay cut

China's financial watchdogs are facing massive pay cuts as Beijing overhauls the regulatory regime to further tighten the reins on the $60 trillion industry and comply with President Xi Jinping's \"common prosperity\" drive.

1 min

Russia plans to challenge US nominee Banga to World Bank

Russia is consulting with its allies about challenging the US nominee to head the World Bank, Moscow's top representative at the bank said on Tuesday, a move that could complicate what was expected to be a smooth succession process.

1 min

FTC intensifies investigation of Twitter's privacy practices

The Federal Trade Commission is intensifying an investigation into Twitter's data and privacy practices and is seeking testimony from Elon Musk, who has laid off the bulk of Twitter's work force since acquiring the company last year.

1 min

Adani Enterprises Surges Over 70% In 6 Trading Sessions

Group m-cap goes up by ₹2.36 trn; all stocks make big gains

2 mins

Bajaj Finserv MF has muscle for top league: Experts

The mutual fund (MF) industry has seen a fair number of new entrants in the last 10 years but none of them have proved to be much of a challenge for the larger players.

2 mins

Permanent board, audit quality: Firms lag in corporate governance

In a report, proxy advisory firm liAS highlights key shortcomings in India Inc

2 mins

Time To Move Away From Equity And Focus On Debt?

Debt market good in long term; high-quality stocks attractive on a dip: Experts

2 mins

OYO-FHRAI in a bind

The hospitality aggregator and the sector association accuse each other of functional irregularities in a long-running battle that has not helped either

4 mins

Musk apologises after mocking laid-off Twitter employee

If you're not told you are fired, are you really fired? At Twitter, probably. And then, sometimes, you get your job back if you want it.

1 min

Gender Equality Will Take 300 Years To Achieve, Says UN Chief

Pay gap for women who've never got married getting bigger: Study

2 mins

'We have crafted a unique cinematic language through our films'

The Romantics (Netflix), a four-part docu-series, captures the cinema and times of Yash Chopra and the eponymous studio he later formed. Ever since it released on February 14, the series has been trending. Over two-and-a-half years, Los Angeles-based director SMRITI MUNDHRA (Indian Matchmaking, A Suitable Girl) trawled through 400 hours of archival material dating back to pre-Partition cinema and pictures and interviewed over 35 people for the series. Vanita Kohli-Khandekar spoke to her about cinema and making a dent in Hollywood. Edited excerpts:

3 mins

Rise In Covid-19 Cases Not Of Huge Concern: Experts

The recent rise in Covid-19 cases is not a cause for concern, as the viral disease is in an endemic stage, epidemiologists have said.

2 mins

Read all stories from Business Standard

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