Business Standard - February 12, 2025

In this issue

February 12, 2025

SPEEDY REBOUND IN GROWTH ON STRONG FOUNDATION: FM

Growth in India is witnessing a speedy rebound on account of a strong economic foundation and the government will take measures to ensure that it remains the fastest-growing economy, Union Finance Minister Nirmala Sitharaman on Tuesday told Parliament.

1 min

RBI sells $12 bn in 2 days to lift rupee

BEST SESSIONS FOR ₹ AGAINST $ SINCE 2023

2 mins

Equities crash, rupee flies high

Trump tariffs roil markets

1 min

Irdai seeks IPO road map from 10 insurers

The Insurance Regulatory and Development Authority of India (Irdai) has asked at least 10 general and life insurance companies to submit a detailed road map for their listing strategies by the end of this month, according to multiple sources with direct knowledge of the matter.

2 mins

Artificial Intelligence Action Summit in Paris: Open-sourced AI, unbiased datasets are essential: PM

Offers to hold next global meet on the tech in India

2 mins

Bajaj Lines Up ₹10,000 Cr for Hospital Chain

Healthcare business may be led by Nirav Bajaj

1 min

Voting advisory firms back Vedanta's demerger plan

Shareholder vote on the proposal from February 13-17

1 min

Oberoi parent won't finance Pune project

East India Hotels Limited (EIH) — the parent of the Oberoi group of hotels — on Tuesday said that it will not be proceeding with its proposed investment in a mixed-use project in Pune.

1 min

Maaza steps into billion-dollar club

India's home-grown drink Maaza entered the billion-dollar club in the year 2024, becoming the third brand from global beverage giant Coca Cola's Indian stable to earn this coveted tag.

1 min

Apollo to expand presence in metros with five new hospitals

Apollo Hospitals Enterprise is set to expand presence in metro cities during FY26 with the addition of five hospitals that would add over 1,400 beds.

1 min

More energy coming from West: Puri

February India is confident of maintaining energy security as more energy is entering global markets from countries in the Western Hemisphere, Petroleum and Natural Gas Minister Hardeep Singh Puri (pictured) said on Tuesday.

1 min

Trump, transition, and cancel culture

The looming shadow of the disruptive decisions made by the new US President Donald Trump and the much-anticipated meeting of the Indian Prime Minister with him this week echoed throughout the opening of India Energy Week (IEW).

2 mins

India on track to meet 2030 energy goals: PM

19% ethanol blending led to forex savings, revenue for farmers, CO2 reduction: Modi

2 mins

No immediate review of China investment in India, says CEA

It will be a while before India lifts restrictions on Chinese investment as both the sides are trying to build trust and there may not be immediate results, Chief Economic Adviser (CEA) V Anantha Nageswaran (pictured) suggested on Tuesday.

1 min

OPEC Providing Market Stability Needed for Investments: Secretary General

Organization of the Petroleum Exporting Countries (OPEC) on Tuesday said oil market stability was key to investment and global economic development and the producers cartel has been working to provide that stability.

1 min

Budget seeks to address immediate challenges: FM

Union Finance Minister Nirmala Sitharaman on Tuesday said the world scenario in the last 10 years had turned 180 degrees.

1 min

Some insurers may not be IPO-ready despite meeting criteria

“Some companies have already submitted their position, while others are planning to do so soon. We have also shared several suggestions with the regulator regarding the Indian insurance market...

1 min

Bond yield hardening weighs on REC, IIFCL fundraising

State-owned REC and Indian Infrastructure Finance Company (IIFCL) on Tuesday did not raise the full quantum they were in the market for.

1 min

Deposit rates fall more in easing phase

Following a 25-basis point (bp) cut in the policy repo rate by the Reserve Bank of India (RBI) last week, banks are expected to revise their lending and deposit rates.

1 min

Ceasefire is only way to bring Israeli hostages home: Hamas

A Hamas official said on Tuesday Israeli hostages can be brought home from Gaza only if a fragile ceasefire is respected, dismissing the \"language of threats\" after US President Donald Trump said he would \"let hell break out\" if they were not freed.

1 min

US, UK decline to sign final communique

Vance warns Europe of AI over-regulation

2 mins

Learning to grow

India needs to invest more in higher education

2 mins

Trump's Trade Order

India has an early opportunity to present its position

2 mins

India ranks 9th among top ad mkts globally: GroupM

India's advertising industry is projected to grow by 7 per cent year-on-year (Y-o-Y), or an increase of ₹10,730 crore to ₹1.64 trillion in 2025, according to a report released by GroupM, the media investment group under WPP.

1 min

Lottery distributors not liable to pay service tax to Centre: SC

Lottery distributors are not liable to pay service tax to the Union government, the Supreme Court held on Tuesday while dismissing an appeal of the Centre on the issue.

1 min

Steady India business growth ahead for Varun Beverages

Varun Beverages (VBL) reported a revenue growth of 38 per cent year-on-year (Y-o-Y) in Q4CY24, led by volume growth of 38 per cent.

2 mins

EQT-backed Indira IVF files for ₹3,500 cr IPO

Fertility firm Indira IVF, owned by investment company EQT, has filed for draft papers with market regulator Securities and Exchange Board of India (Sebi) via the confidential filing route, sources in the know said.

1 min

Stocks Tumble on Global Trade War Concerns

Benchmark indices recorded their fifth consecutive session of declines on Tuesday after a raft of tariffs introduced by US President Donald Trump stoked concerns of a global trade war, and raised fears of its impact on India.

2 mins

Divide portfolio between long-and low-duration funds

Two major events-the Union Budget of 2025 and the Reserve Bank of India's (RBI) monetary policy review-have taken place. Let's examine the outlook for debt mutual funds (MFS) following these developments.

2 mins

Volume pickup to fuel Eicher's ride ahead

Stock up 30% over the year, outpacing Sensex's 8% rise

2 mins

Read all stories from Business Standard

Business Standard Newspaper Description:

Get in-depth insights into the latest business trends, financial markets, and economic policies with Business Standard. Business Standard is one of the leading business newspaper that offers expert analysis, stock market updates, corporate news, and industry reports, helping professionals, investors, and entrepreneurs make informed decisions. Stay updated on banking, startups, technology, and government policies shaping the economy.

Subscribe now for trusted business journalism and daily financial intelligence!